Hello everyone this is my first post on Trading view hope this will work.
We can see Inverse H&S Chart in BTC but this chart is incomplete if it will complete with breakout we can see BTC on $5500
use stop loss on $3550 If the bears plunge below $3,550,we can see a fall to $3236.
Thanks For Watching
as you can see in the BTC is making a pattern which shows that we can see upward movement or downward movement very soon and just look at the RSI , it clearly shows that we are about to see big movement from. Most probably am expecting a Downward movement within 3 days from now. (maybe esrlier). DYOR before taking any positions on Bitmex
you can also check me out...
In 2018, John McAfee put his prediction for bitcoin $500,000. I just made the path. how it will go to john mcafee $500,000.
Not a investment advice but it will happy to Bitcoin longterm hodlers. May be in 2028 bitcoin will become Global Money as an Assets.
First you should focus on $100,000. $100,000 Path link below.
happy Holding, Hodlers
BTC had a support of 6K for almost 6 months. We have just hit 3.2 K and 3K seems to be a strong support. We could continuously test the 3 - 3.5 K range for the next 2-3 months, but we are unlikely to hit lower than 2.8K unless there is another major bad news coming.
We will neither see BTC rise nor drop for the next 3 months, unless we have major news in either...
with more difficulties scalping today i noticed similar walls and behaviour as july-august before we dropped from 7k to 6k. applying fractal made a lot of similarities.. are we printing 3k soon? when every TV user and his grandma are charting IHS to moon and beyond... the odds are we dont see 4k that soon.
no trade zone for me
Reasons:
1. Fib retrace at 0.618 so upward movement expected now.
2. MAJOR resistance from the long term trend line and the MA lines.
3. If it can cross the trend line it also forms inverted head and shoulder pattern which will be reversal sign.
So, current expected retrace should actually push through the long term trend line and the moving average line (could...
Should I declare the official end of the bear market? and the beginning of the accumulation phase to the moon.
This is the chart of BTCUSD Weekly RSI. The RSI has completed its cycle up and down. And now its time for Bitcoin to move upwards.
Merry Christmas & prosperity to yll
* Not an investment advice.
SEE YOU ON THE MOOOOOOOOOON
![BTCUSD: Bitcoin [short] anticipating a drop to at-least 3659](https://s3.tradingview.com/g/giPwrR42_mid.png "Bitcoin [short] anticipating a drop to at-least 3659")
