After I missed the price in this zone the previous time this time, now I will not let it escape without me. Recent reports weren't too strong earning report was missed out. but the company is still existing and strong and profits are expected to grow (more than 18% next year). On the technical side 1. It looks like Elliott wave close to being ending (ABC) -...
Bitcoin gonna to brake the trend line Not fanancial advice
There are GAP to close over there and also good support area. Not fanancial advice
I think now is a good time to buy after a deep correction to $ 82. We came close to a 78% correction according to the Fib retracement. Also, the pattern 'falling wedge' shows some support. There is a little risk because the company is not profitable. It is primarily a growth company. Not a financial recommendation.
BTC after A long way up. We see here that the candle stopped close to 0.5 FIB area as observed. The RSI ventilated very little but not enough. As time goes on, we get closer and closer to a trend line. There is a possibility that we will see Bitcoin break it and reach the main trend line from the beginning of the ascent. The main trend line is also located in the...
BTC after A long way up. We see here that the candle stopped close to the FIB area as observed. The RSI ventilated very little but not enough. As time goes on, we get closer and closer to a trend line. There is a possibility that we will see the Bitcoin break it and reach the main trend line from the beginning of the ascent. Main trend line is also located...
Now 1H RSI is too high and 'M' is have made on the 15m chart. We can think about short to the support line at 31.100.
4H and 1H RSI is lower . For now bitcoin have to do some retest and keep going down. Maintend a point that we can see on chart as the pitchfork and resistance.
We are in kind of downtrend. 4H RSI is free to go down and 1H also looks better to go down. We only need to see the last trend line to be broken. Not financial advise
According to pitchfork, trend line and lower RSI.
As expected bitcoin fall down to the trend line and now the 1H RSI is too lower. (You can see it at my public chart) The retest was necessary for the next bullish wave. Fib0.786 (35.4k) is my target.
1h RSI looks better. Retest have been made from 0.786fib. Target 36.423. My first idea here so lets chance it.