few days back i published one btc chart analysis about larger triangle on play is validated by this latest short move :) . now three wedges are at play and and out of these , upper border of two wedges are common...its one more drop to 6k then its boom towards above 19k.
let me guess three moves ...
1.first move from 8000$ to 9000$+/-500$.
2. second short move...
few days back i published one btc chart analysis about larger triangle on play is validated by this latest short move :) . now three wedges are at play and and out of these , upper border of two wedges are common...its one more drop to 6k then its boom towards above 19k.
let me guess three moves ...
1.first move from 8000$ to 9000$+/-500$.
2. second short move...
hourly chart big short move is imminent ? consolidation is in very narrow range since many hours and all oscillators pointed towards selling zone ....time to make short positions ?
#hourlychart #shortposition #bearishtrend #MACDindicator
at least my daily chart analysis shows this based on price pattern , CMO and RSI. seems bitcoin is entering into 4th wedge in my chart and and sadly this wedge is down slopping and pointing towards 6k . at this point RSI (14) also down slopping and CMO also entering in selling zone . and at 6k $ in around end of may or start of june , bitcoin will also exit...
