Psylencc

Psylencc

If you can see the dragonfly doji formed on the weekly time frame then you will understand why bitcoin will respect the channel. The channel formed on d1/h4 shows bitcoin is going to test the 10000 area again. trade wisely.

Psylencc

In my previous analysis I said if BTC breaks above or below there is either gonna be a big dump or buy . Now that BTC has broken out it means it is gonna retest the 10700/10800 area as a support before the final bull run!!!

Psylencc

BTCUSD can be seen forming a symmetric pattern on 4h timeframe which means there is either gonna be a big buy or big sell and by that I mean it is either gonna drop down to the 9700 area or buys to 11000, while consolidating inside the symmetric pattern a channel is formed in h1 and would buy to somewhere around 10750 before the BIG BUY OR SELL is activated.