BTC - Charts reveal a retest of $ 11,000.
1 hour chart
1) Reverse Head & Shoulders pattern formation.
2) Price well supported by 200 period ema. Has crossed past 30 period ema.
evening star is one of the powerfull japenese charting techinque .
1st day ndcale green
2nd day star + DOJI which shows buying pressure is reducing and
3rd day red candel penetrating in 1st candel showing selling pressure is taking over the buying pressure.
levels shown in chart
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Its broken downtrend ive been waiting for this for a while its altcoin...
Currently BitCoin has started to show up Signs that it might crash back to $1150 very soon. Their are couple of patterns in charts that i look for which are probably best for reversal indication and they are forming up in higher time frame charts of bitcoin. but there is more..
1- BitCoin Has recently broken above a long term curve at 1500, but there is very less...
After over a year of a bull run and 3 distinctive impulsive waves up
we may be at the top of the ABC correction with the A to B bull trap run at 1000
closed all longs at $1000 from $930 breakout
sitting in neutral position until weekly candle prints
above $1000 could mean more upside
below $1000 I would look for short opportunity and consider going all to fiat...
