Will Bitcoin (BTCUSD) produce a higher high, higher low or lower low?
The signals right now are pointing to a bounce (short-term) and straight to a higher high... These signals can change with time.
Everything is mapped out on the chart above.
Bitcoin can move higher but if support is broken (blue dashed line) the above signals are invalidated and can move...
Our indicator is giving a fresh buy signal on XBTUSD. Enter cmp and exit at 7675, 7730 resistance. Good luck and have a great weekend.
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$BTC 12H update Running 4th wave now also if price go below 7K then possible 5th wave around 6k 5500 level
Fractals possible history repeat 2018 bottom dec
Dec bottom Jan feb sideways
March for $BTC
$BTC still downtrend channel /flag Weekly bullish above if $BTC break flag 9700-10300
Medium term trend has turned bullish on Btc. Currently its ranging in a very clearly defined bullflag. Buy on the breakout and target the 2 levels provided on chart. Once it reaches target 1 move SL to BE.
Bitcoin ( XBTUSD ) printed the classic iH&S pattern and is now producing a bullish breakout.
The neckline is being broken to the upside...
If the current 4H candle closes above the iH&S neckline, we can see so much more growth...
We have been tracking this move since the 21-Nov. You can take a look at it here |
Bitcoin Going To $10K December | Will It Go Lower...
1. Looks like BTC is forming H&S Pattern over smaller time frame.
2. Pattern is not yet completely formed but keeping an eye over this.
3. Will Take small long position on right shoulder & add more on breakout.
These blue box areas are good to jump for the btc , weekly should close above the 21 ema !! , something fissy , if we closed below 21 ema for 2 to 3 weeks then we are again entering into a bear zone, but i am bullish from these fib levels !!