Mehrdad_Amini

Mehrdad_Amini

I expect BTC to rise to 47K and fall to 40K multiple times, drawing a triangle. At first it's a part of a triangle and then will rise to 57K to draw a head & shoulder. finally it will complete the right shoulder at 30K by the end of march.

Mehrdad_Amini

It seems Bitcoin is at its best situation to rise. RSI is on the lower level and a divergence has happened .But this bullish movement may be a part of Right shoulder of a H&S . if so it comes down to 40K an then rises up to 54K but I think it is the time for rise.

Mehrdad_Amini

Algo ıs goıng to break the trıangle upward! Its a long time that it is sewing horizontally and its time to go sky rocket. You can stay looking for drawback over the triangle.

Mehrdad_Amini

sharp uptrend of the third wave is happening after the rsi trend breaking up

Mehrdad_Amini Updated 

Seems its going to swing for several weeks and a long jump after that.