Breaked huge head and shoulders pattern Will go to around 4700 now Short with a nice profit! Enjoy
Hi, this is an technical market analysis of the current BTC market status on the 4-hour chart. What i am using: - EMA (200,100,50) - Fibonacci Retracement - Support lines, Resistance lines - MACD - RSI EMA: - We see BTC way under EMA 200,100 and 50. Also the 50 EMA crossed the 200 and 100. That ist indicated as a bearish signal Fibonacci Retracement: - We...
- What we see here is B of the elliot correction waves forming - also the double top that formed is confirmed - Volume is decreasing that means we are on resistance now - Also we are still in the downtrend - In the 1 day chart its all red and a little little green candle is forming what is already decreasing All signs we have now are still bearish, that is...
As i described in my last post BTC formed a double top, now its confirmed. Also it is forming a massive ABC correction. Next support will be at around 8K
Hello world, - what we see here/seen the last weeks is a double top forming. After it passed the RED trendline the double top will be confirmed - ALSO there is a big red volume spike similar to the spike we seen at the big downtrend after the all time high - from that level BTC is likely to move more down - I am not a financal adivsor, please keep an eye on...