According to Elliot wave theory BTC should go to around 8100-8500, because 1st wave is completed around 11700, now the correction waves comes into the picture, so According to ABC correction waves and fibonacci retracement, it should go around 8200. These are only my thoughts not a financial advice, and btw always play it your own way.
Do not worry about the price drop, it is a temporary market correction. Look at the big picture. BTC/USDT will hit 28k $ in next 6 months.
BTCUSDT:BINANCE 4 HRS As we see BTC is following the downtrend since last two days, although trying to keep up but somehow fails to achieve it. as it seems breaking the support level at 9700 will give us a indication of falling into a bearish market, followed with a downtrend confirming with macd & rsi. similarly breaking the 11000 resistance level will give us...
Elliot wave for downtrend is completed now so now you can Enter in the market, with the stop loss around 10050.
you can see my last post bitcion near to 11500$ and now going to bearish for small moment you can use stop loss 10200$ for safe zone if bitcoin not cross that support level so it will go to 12500$ next target if not then possible to go near 9500$ resis level
there is not so strong divergence let see what will happen
guys this is only for practice purpose so dont go on the basis of this chart
BTCUSDT Bittrex 2H Chart Analysis Support Level - 8900 If the market breaks the 9315 then reach the 10k level.
waiting for break out from 9200$ if it is not cross so it is possible to frop near 8400$ btc dont trade if bitcoin cross the 9200$ and touched the 10500 resis level bcz the alts chances to go down.
Feb end will be good for market bitcoin moving in good position but the uptrend is not confirm yet 12000$ month end target. keep patients and move with market use money management .don't follow any bull shit group who never show you really they work and doing trading use your knowledge and follow real people who have experience.
you can see in my last morning post the big support near to 5800$ to 6200$ is very important for today so we can see past few hours btc moving near to 7500 also after the 3days big fall btc covred small position if this trend will continued we will see 8500 or 9200 resis level testing. in this month we will see bitcoin will cover to 12000$ again. if market in good...
We need a coorection from 5400 to 8k to 9k if this happn after this in upcoming week we can see btc uptrend starting chances buy 5500 to 6500 under
hello guys, in my last analysis I already told you guys to exit from btc market if it broke major trend line support now we can easily see that big red candle breaks the major trend line it means bears and dominating now bitcoin chart showing full bearish moments right now it breaks that major trend line which is not good sign for bitcoin at the moment it can...
BTCUSDT double bottom. If it breaks out above 9200, long till 10200.
Good morning friends, looks like market found support around $400 billion. This is just proof that we are not going to zero. Every correction has advantages too so don't look at negative side only. Yeah, it will take some time to recover but it is important to understand that it is normal market movement. We went through all possible FUD ( China, Korea, India,...