After years and month of downtrend, now the important volume comes in and also the trendline broke through with this massiv volumen. In my eyes a no brainer, now investing some money and in the next month to years in combination with the industry / german / europe crisis it´s a very good way to diversify your money. The potenzial is up to x 40 maybe a new higher...
Great montly close, with some pullbacks (bottom building in progress and possible) and we can see a good R:R opportunity to the target price with 233% profit. Vailid unitil TA failed.
As can be seen from the private videos, a potential bottom (approach) has formed around the 16,000€ limit. 1. Falling Wedge Approach The market movements (shoulder 1 + head) are already pronounced and can thus definitely achieve high goals. Target price 1: 27592€ Target price 2: 39956€ 2. Approach shoulder head shoulder Shoulder 1 + head still need a retest from...
We get a typically SHS Bottom o.e. in the next month and we will see how this played out, every -20% move is a good buy longterm.
Typical as expected, break down into the 0.90 Segment incoming. Short opportunities are a lot with good RR rare.
After my Analysis there are a lot of bullish fundamental signs and some chart technical parameters too. So i measured the target of approx. 2100$+
All Parameter´s for BTC are bearish, i think we see the 10k $ again in the next month / years.
Potential +30% Price 17.12.2020 = 22,5 Target Price = 29
2 Chart Pattern´s Target1: ~76700$ Target2: ~87200$
Bearish SHS top Pattern, not activated ATM ! 28000-29000$ Level should work as support. If there are a lot of buyers and a big green candle come into the market then the weekly bearish view will change to bullish. But if happend nothing the SHS Targets, with different calculation, are in the low 5digits. There is nothing to say. simple. 9000-12000$
In a few Days from 1000BTC Short to 18000BTC Short... means 17000 new Shorts... last Time this happend ca -61% correction happend so this chart shows similar target, High from Jun 2019. +SHS Pattern with Target 20.000$-23.000$ Strong and Short.
There are a lot of parameters they call BTC for moving faster in one of my painted Boxes... so let the Magic begin !
TA works. Down only. Target reached, that´s it.
BTC top building or another leg up for another SHS top building, many possibilities. CME Gap opened @9740$ the next correction will come very interessting the coming year and the altseason. ATM LTC @ 100$-120$ ETH @ 1000-1200$ RSI: Daily Weekly overbought Interessting Ralley
Bitcoin built a massive bullish Coil if there is an outbreak to the upperside and a retest. The realistic result is a Target with 24300$ and an advanced Target of 47400$. Plus the typically overbuy there could be 50k+. BUT everytime if a new Line is build you have to rebalance the targets with new Charts Patterns. Good luck, much fun !
From my market experience, I can say with confidence that the BTC will make even a bigger reset.