A bloody day for Bitcoin. It looks like we didnt hold the BMSB (bullmarket support band). We should at least weekly close ABOVE the 50MA. Very important!!
I can say a lot about this, but its pretty clear. I expected a drop to the 53k area. We did, and made a clear bottom at 53.3k. Up pressure now, and lets see if we can break the trendline resistance. Currently that's around 59k . If we close a 4h candle above that, we can see an ath within the next coming days/weeks. out,
As you see, we broke the trendline but failed to stay above it. Now we see bitcoin trying to get above it, but we failed. I think we can see a pullback to the 55k range, before we will try again to break the big resistance.
As i showed yesterday, we have a trendline resistance. We didnt break the resistance, and saw an expected drop to the support line. I think we will go up in the next days, and break the trendline resistance within 7 days🤞
We are going down. But around the 50-53k area, we should see a massive bounce up
When I was looking at the charts this came to my mind. The candle pattern is in line with what we saw early this year. It's not that I want this or anything haha, but this is just something that struck me. Use it to your advantage! Maybe we are in a manipulation phase again? Who knows right. Let's see.
You have probably already seen a lot of these charts. The huge triangle, and the moment we break out of it. That will happen, it just takes time. But what if we break out? Do we repeat this pattern? If so, then the next top will be around $4. There's really no reason not to do a LONG at ADA now. Beautiful moment. Just manage your risk.
We will go tomorrow up. There is no question about that. This looks for me like a beartrap. Just like we saw in the 58k area, and the 29k area. Big move down, small consolidation, and the same way up and higher.
Ada seems to be recovering to the 2.20 area. From there we can make an attempt to break the resistance on 2.30, and if we break that fully confirmed on multi time frames, we can go much higher. ADA is one of the altcoins that didnt move yet. So lets see! I think 3 dollar is by far not the ATH we will end this bullrun with.
Bitcoin makes bullish moves. We saw for a while some sideways trend, but it looks like bitcoin just broke the 62600 area resistance. Will we make the big moves in November? I think we will :)
The last hours of October. Will we close 63k? The prediction of planb was already right, bcs we saw 63k But closing would make it even betterrr rightttt
Look at that precision. The last few days of October go exactly the same as the last days of September. If this continues, we will see a retest soon of the 58000 support. And then a bounce up in the 63000 direction. one day ago:
I see the same pattern playing out as I see in the last few days in September. If that happens, then this will play out: We then went from 43k to 40k. (-7%). We are now down from 63k to 58k (-7.5%) Then we saw a bounce up in September. (from around 4%). If that happens now, we'll see 60,500. (still 2% to go) Then in September we saw a bounce back from 42.5 to...
It looks like bitcoin will retest 60k support, before the bounce up.
Did ADA just break out this gigantic triangle? Waiting for some more confirmations Comment your thoughts! Regardssss
First chart for me. An idea from Mr Plan₿. August closed above 47k (47200) September closed above 43k (43600) October.... (63k?) November.... (96k?) December.... (135k?)