If you ask me, I will say there are more bearish signs than bullish ( Except manipulation happens) Explanation: RSI is building lower low, BITCOIN was performing very well from a bullish trend that increase the possibility of dropping further after double bottom. A correction elliot wave will be starting to build. Besides, it did not make a breakout and we could...
I have to say sorry that I posted it late because the re-entry price for short-term is achieved but I have to wait for more time to give you a clearer picture. I hope you have bought at my previous golden entry price. Here is my continuation of previous post. BITCOIN ANALYSIS: $10253 is a price that we should re-entry and also the stop loss premium price. It is...
BITCOIN PREDICTION: Entry Price: $10053 Exit Price: $10910.53(Wave 5) BITCOIN ANALYSIS: Congratulations to the viewers who read my previous posts because you are in a good profit. Firstly, Bitcoin has rebounced from my previous target $9799(Golden Entry) many times and it is obviously a strong barrier for it to break. MACD is showing bearish in a short term but...
I am a professional trader on BITCOIN so I will be very neutral and rational.The key price here is $9843 that we have to look at which is the absolute interception point for short term(days). You can see Rsi should be starting to build M shape(Uptrend) but the Correction of Elliot wave will be performed after the completion of Impulse Elliot Wave(Uptrend)....
My Next Target: $9232 Bitcoin Analysis: Elliot wave (4) is placed lower and lower so we should expect wave (5) to be closer before the correction wave begin. The newer trendlines( Blue) found itself an interception point which is $9232. I could have mentioned about my previous target prices which are $9843 and $9570 but they are achieved and I always update...
Target : My next target is $9799 which is an interception point between the latest downtrend line and the uptrend line(5 months period) and you will wonder why will it fall to my previous target which is achieved. Here is my explanation: There is a little bull trap happened few hours ago and luckily it did not affect me as my previous predictions have helped me...