Here is an update on Bitcoin price analysis. I'm still Bullish on Bitcoin, as it had committed to us this days ago.
Below is the idea when Bitcoin turned from Neutral to Bullish:
I think we are forming a new trading range. However, there isn't much information to confirm that. If Bitcoin closes above the blue line (4-hr chart) highlighted at around ($10,130), then this is definitely a spring! I'll keep this idea update as much as possible. Enjoy the trend!
Current correction looks very much like a bull flag to me
bhattimm
⋅
@Commodore3, AMAZING INSIGHT..i am learning from this...also lookis like a elliott abcde wave, entering bullish, if it breaks it the next target should be the lenght of the pole
HuynhLoc
⋅
Please buy all money for BTC now to push it to the moon
If u dont buy now, it can not go up again
lucamodena
⋅
I don't think so
Trades999
⋅
Bitcoin is still bearish ;)
[img][/img]
rob2093124
⋅
Still near the top of the channel on the 1D have to break around 11k on the D close
Sara-66
⋅
Maybe not so bullish after all ?
but for day traders left waiting this guy trades the pants off Bitcoin almost every day!
Only been following him for a couple of months now but he's seriously good most days and already up over 9000 points. If I can avereage 1k per week it's making me wonder if I should give up my day job now...seriously. Too early to jump ship. But so wish I had the sheer guts to do it.
Inline images 1
HuynhLoc
⋅
@AAlFadhala update please!
gusccbb
⋅
Hello, is it possible to try again minimal supports? That the resistance in area 10.4K that meets EMA 20-50-200 4H has not been broken is a sign of weakness? Thank you.
fkashem1986
⋅
what spring confirm? your analysis lately have been absolutely terrible. I used to follow you, but probably quitting.