bitcoinsuman
The target is around 0.00011000 usd, in the short term, however I expect this to go up more in terms of BTC if, bitcoin moves higher this week.
A bullish pennant is forming on ONT, Take profits at the levels shown.
The chart speaks for itself, the recent plunge in the market I believe is a good sign for Bitcoin to find a new / strong bottom to start a new bull run. Once we see a new hammer pattern, I'll remain a permabull !
Please look at the given chart. I have sketched the details as to how the bull market might come. Bitcoin's bottom isn't in yet. Wait until a lower low is established.
Seems like from this level, btc will make another down move. Be sure to tether so that you can buy cheap btc.
Look at the BTC for the long term. The projections are clear, BTC won't fall higher than $4900.
I hope to see QKC at around 1600 sats, which will give a 50% return.
ADX looking bullish at the moment in the hourly. The MACD is almost about to cross over. After the huge gains it has shown in the past few days. I think it's a good buy for now , atleast for the short term
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As we can see the golden ratio 0.618 didn't hold the next fibonacci region to consider is the 0.7. I believe that there will be a candle wick down to the .7 region and the bounce will be closer to the apex.
I've pointed the major support levels in Red and have made an elliot wave prediction in the rsi.
Looking at BTC with the elliot waves pattern. first and 2nd waves have already been done. So the 3rd one will be 1.7 x of the first one.
Once BTC sees the end of it's continued falling wedge. It will make a rebound. And that's not too far. :)
Enj is showing a cup and handle pattern at 4hr chart. Which means once btc stabilizes, it can pop up .
It's in an uptrend channel. If it keeps continuing and if BTC supports it. We can keep the next target at around 1500 sats