Bulls have to step in to defend their territory, otherwise a much deeper correction will occur.
If the third test of the descending wedge resistance does not lead to an upward breakout, the 8500$ zone around the rising trend support line will likely to be broken.
Not a financial advice.
Price is trending below trendlines, bulls are exausted. bears taken control again.
next dip below 6300 USDT.
it is proceeding toward narrow end. expected by end of Year - Nov/Dec it will breach upward trendline and set new high.
accumulate zone is below 6300. even before explosion, you buy below 10000 will also give you x times benefit.
it is Monthly TF.
in...
I personally believe bitcoin is creating a falling wedge pattern
this is my personal opinion so do some research and then invest your money .
Disclaimer: This information is for educational purposes only invest at your own risk !!
TD Sequential green "9" on a daily time frame.
Worked like a charm during the last 10 months.
The price is still growing though, so the confirmation is needed.
Not a financial advice.
Halving and post halving predictions and market psychology. This halving is going to be different as ppl are so bullish on BTc.
Like and comment your thoughts
HTF showing support on RSI & price action , stochrsi , bottomed out , ripe for a bounce . positional call for 2-3 months , expecting bounce to $17000 .
