Support line of bullish trenk was broken , wait for correction to 136.4 levels in couple of days , and start downtrend to 130.5-131.5 after that
We have a 2-3 days for get 1154 price , after that bear move may start in any time
We almost reach correcion level 92.26 , next task - test bull power near 90 area
I think that we could reach .618 level in that 1-2 day correction move
Trendline don't broken, when correction will finished, 2nd wave will start.
2 last candles show ... correction time. 2.23 - first target, i think MACD - sell CCI - strong sell BB - overbuy
1) H&S - time to change the trend 2) MACD deviation 3) CCI - Strong sell 1st target - near 255 2nd target near 240
Correction move started. First target : 53 Stop loss 46
Price break support line near 58, and now the 1st target 52, but I think that we can reach the 45 too.
I think pattern 2010-2011 will be repeat, also bottom of downtrend 2015 was reached
Channel with $62 on top lone , 57$ - bottom line Orders: 1) buy stop 63$ tp 73 sl 58 2) sell stop 56 tp 45 sl 59.5
1) Wery strong support line near 220 2) Bitcoin finish downtrend stated in 2014, and prepare to new move If support line will be breaked , so we will we see bearish moving to 130-140, and moving to 30-40$ if 140 support line will be break too. If support line 220 will stay, after some time we can start new uptrend, with first target level near 400.
1) MACD - strong sell 2) force - decreasing, sell 3) CCI - overbuy , sell
At this time we see overbuy, but i don't think that we will have that situation at long time
Price move over trendline, and start new moving to top, to 250-260 o think.