head and shoulder pattern confirmation, by Confirming CMF that is below 0 ,market is loosing money Rsi is oversold so the its time to buy now or wait for $8200 its like the perfect time to long
As btc is showing Double bottom and it gets pull back again to retrace 1 fib upward as its an upward channel we are still in game, no bears yet but the 50 day MA showing it can resist near $8500 region
strat is a slow gainer but its likely to gain as FA is also positive
btc going through sideways and forming bull pennant neatly its ready to break $10k dollar in few hours
condition 1 : Btc is ready for breakout and been forming ascending triangles thats a bullish pattern and can get to achieve the height above $9700 shortly condition 2 : if its following elliot wave pattern that i described in previous chart that it seems to look a dip near $9000 that is nearly 22% retracement back and than start to move again uptrend
BTC is retraced 1 fib again one to another by breaking the resistance at $8500 as i stated previously it still has chances to break that as RSI is still not over brought as claiming to bullish divergence Btc Marching Broke resistance at $7500 , $7800 , $8150 , $8500 the challenge area Now looking to peak ahead to break the $9000 major challenge area as it has...
BTC Update : :heavy_minus_sign:The resistance at $8130 firstly resist btc to move upward but now its become support :heavy_minus_sign:After breaking the fib 0.382 it is just roaming in thin wedges, :heavy_minus_sign:Rsi is looking to gain the heights :bulb:Now look Aaron , the trend analyser if we compare with 1st and 2nd with 4 it is goona move upward ,...
Btc is ready for another break out it suppose to retrace 1 fib upward 0.236 where he gonna meet the resistance, Than it should pull back by the resistance at it remain in the between fib 0.236 - 0.382 until it gonna meet the downtrend wedge where it suppose to break the resistance at $8500 and move to the major challenge, but if it fails to break the wedges than...
Btc is showing promising steps followed by alts, Quarter 2 begins, history repeats and they gonna rise Btc just need to cross $8500 resistance and than you gonna see the real magic
Btc is going long as both technical and fundamental analysis stating it
Which one is ruling it Bulls are getting smaller and bears just widening
Elliot wave representing the market is now in correction phase after correction it gonna break the resistance at $7200