#BTC
In the medium term has the opportunity to touch the levels of 4200-4400
In the medium term has the opportunity to touch the levels of 4200-4400
Comment:
#BTC
If we look at the market movement a bit remotely, then a rather pleasant rebound catches the eye, but bears do not seem to be leaving the market. We are rebounding and this is normal, this event is nothing but a correction of the entire last fall and we can reach a range of about 5000, and possibly close to 6000, but the further course of the market is quite likely and expectedly can be sent down again. At present, on a medium scale, the market is still showing bullish signs, and if the price manages to break the 4500 mark, then it will not be so difficult to touch 5000, but quite reasonably. The pace of movement is still unpredictable, we can reach a peak of growth before the new year, and we can crawl slowly until the end of the first quarter of next year. But at the moment the market is still bullish.
If we look at the market movement a bit remotely, then a rather pleasant rebound catches the eye, but bears do not seem to be leaving the market. We are rebounding and this is normal, this event is nothing but a correction of the entire last fall and we can reach a range of about 5000, and possibly close to 6000, but the further course of the market is quite likely and expectedly can be sent down again. At present, on a medium scale, the market is still showing bullish signs, and if the price manages to break the 4500 mark, then it will not be so difficult to touch 5000, but quite reasonably. The pace of movement is still unpredictable, we can reach a peak of growth before the new year, and we can crawl slowly until the end of the first quarter of next year. But at the moment the market is still bullish.
Comment:
#BTC
At the moment, local resistance looks quite strong, there are great chances to go to the range of support noted in the last update.
At the moment, local resistance looks quite strong, there are great chances to go to the range of support noted in the last update.
Today at the beginning of the day we predicted another wave of growth, which have already received. The market managed to test the 4200 mark.
Looking at the 30-minute scale chart, we can assume that the market still has the opportunity to reach the resistance range of about 4500. Each Fibonacci wave is related to the subsequent and the previous one, the connection between the waves can be found throughout the entire history of plotting, or to observe the construction waves in the waves. The nature of the market is still bullish, a pullback is not excluded, but there is still a chance to step up. The possibility of this step is not a reason for optimal entry at the current level, but merely an additional argument to remain bullish. After the impulse, the market is again neutral, both long and short will be very dangerous now.