Efi77

Efi77

little dump to $1879 then pump to $2059...? sl: 1849

Efi77

hello everyone🤙 I want to say just be careful out there, we always see short pumps in bearish trends this chart is still bearish to me

Efi77

we have two strong supports at 13.7k and 12k and... ONE verry verry strong resistance at 18.5k I see no point at the level of 15-16k to hold the price of bitcoin, for now personally I'm still bearish and waiting for 13.7k price. we'll see what happens next, just have to wait.

Efi77

Hello everyone, as you can see BTC has massive sell wall on it's way to the upside. we have massive massive resistance somewere beetween $ 18400 - $ 21100 personaly I think $ 19400- $ 19500 can hammer the price to the downside BTC price still bearish, be very careful peace

Efi77

strong buy signal on weekly divergence indicator price can go up in the next months

Efi77

I know so many of you may hate me for this price target but this is just chart facts not me 🥴️ as I mentioned in my previous idea, I still belive BTC has strong support at 13.7k and then 12k, but 4k target just worst case scenario IMO and the facts we all can see on the chart.

Efi77

fakeout + double top + hidden divergence + low volume what a beautiful mix 😬

Efi77

I think everything is clear on the chart, $ 13.8k and $ 10k are BTC's next supports based on previous price action history. please tell your opinion in comments,thanks

Efi77

it's so scary guys BTC has really strong support at 12k and after that at 4k.

Efi77 Updated 

BTC going to close its monthly candle above the all 4 months before, that's interesting... :) I think 30k can get tested in the next months if that candle closes above the 20k.

Efi77

I think sooner or later they supposed to get filled, Actually It's good for healthy market and price action. maybe price goes lower before touch those gap's, but on my experience CME gap's always get filled. what do you think? please share your opinion with us

Efi77

a little weak we had under the curve support line but not closed yet on the weekly. maybe little more increase and then see a correction.

Efi77

please share your opinions and thoughts , thank you :)

Efi77

BTC, possibly can see more pump if it can hold the EMA and descending trend line Also consider that price brokeout from triangle but not stabilized yet

Efi77

hello 4 important target's on the chart. I belive we still can see more downside , IMO 12085 is bitcoin current cycle bottom and we have time to see it in the next day's and week's ! but in worst case scenario for the longer term, I belive $5900 can be absolute market bootom for BTC

Efi77 Updated 

If price get strong rejection from the descending trend line, probably we can see lower targets in future for btc targets : 16k - 13.7k - 12k If price breakes descending trend line with good volume support we can expect higher targets like 29k-32k will be touch soon just be careful about the traps's, maybe we see a little pump befor dump to trap the bulls !!!

Efi77

next stop at $16100 I think btc can go to 9k-10k but we can expect bonus from 16k to maybe 28k-32k and after that price can have a heavy drop to 9k-10k range. It's just my opinion , maybe I'm right, maybe I'm wrong, who knows what can exactly happen in this market :)

Efi77 Updated 

I think BTC price can reach to $28860 to fill it's first CME gap. but before that price can test $21500-$21800 level, after that we have $20700-$20800 for second strong support,hope they can hold the price, So we can see a little rally after that at least to $28860, also price can meet the downward trend line and make a decision for it's next big move!