Back again with another idea, this time for the BTCUSD exchange. Seeing an upwards channel, we have the 2 options of a resistance breakout to a possible .236 to .5 fib extension, as well as a possible bearish breakout to the 0.5-.618 zone. Check back by Monday (04.12.20) to verify which way BTC will move.
ABCD Pattern SHORT to 5650 and after go LONG.
Here is where the computers at the exchanges will pump phony trades to give the appearance the price is rising...the 'pump' - will not be real.
20k ---1k look the fibo ''The less that you give, you're a taker So it's on and on and on, it's HAVEN and HELL'' BLACK SABBATH
BTC has pulled back, as my last analysis projected. BTC may find support at these GREEN LINE levels. Short term profit targets are notated by the PURPLE ZONE. If price cannot hold the top GREEN LINE, price will fall to the next to retest & either continue the uptrend...or fail to new lows for the year.
EVERY informed person needs to know about Bitcoin because it might be one of the world’s most important developments.”
Bitcoin tested the trendline, and now the time is for pullback. If you like my analyse please don't forget to push like to this post.
Bitcoin Dominance is Forming Gartley Pattern.
Bitcoin started downtrend on 4h candle. I think price will hit 6500-6700 zone easily, and possible chance to form DOUBLE BOTTOM.
Mark your calendars ladies and gents. I am the oracle.
There are trends that whale effect is active since 1 hour ago on buy orders. this is not expected,, we will see or this new whale effect will trend us up. as normaly 30th schould be a down trend. if this whale effect will continu bitcoin can become 8K.