danicoronel

danicoronel

Sit tight. #Bitcoin is about to get mad to the upside. Enjoy the ride my friends.

danicoronel

It's just a possible scenario, #BTC to go down to around 88K and bounce from there. I don't discard a Black Swan event later to fill in the CME gap with a big wick around 77K or lower.

danicoronel Updated 

Not financial advice, this is jut my idea on what could possible happen next to #BTC.

danicoronel

Supposing #BTC has already bottomed, its future looks promising to me.

danicoronel Updated 

According to the previous pump that happened last year. Between Jul-Oct it dropped more than 21% before the big pump. This time it's doing something very similar. The daily RSI has already broken down the up trend. I may be wrong but just wanted to share this.

danicoronel

I'd watch for a divergence in the RSI on the next attempt of a break out.

danicoronel

RSI reset to 50 and clean up of a few high leveraged trades before mooning to who knows where.

danicoronel

Head and Shoulders pattern. Nothing much to add if it plays out the possible target is around USD 29500.

danicoronel

Possible target around 22K.

danicoronel Updated 

These are the Fib retracement channel and the Fib retracements overlapped. It seems that BTC was able to overcome the first golden pocket on the horizontal one. However, it had had some issues to overcome the one from the Fib. channel. Let's see how it goes. I'n my opinion if it goes above 12350 we'll be entering the bull market with confidence.

danicoronel

The two oblicual green channels are from drawing the fibonaccin retracement golden pockets on both Bullis/Bearish cases. BTC needs to break the upper band 1st to break resistance and get to the pivot line. Then we'll see if bulls have enough strenght to make it to the upside. Though the biugger the push upwards and the higher the volume level the more chances to...

danicoronel

This is my prediction near term.

danicoronel

Just updated my previos one with possible next moves.

danicoronel

As per the analysis shared, BTC will get down as fas as around 8,000 USD and then it'll pump up to 11,000 USD, where it'll probably hang around for a few days. Then it'll probably reach the 15,000 USD. Then who knows if we'll see it break that resistance level or not. However, I'm long in the long term.