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I would Bearish divergence will bring us to k, altparty can start then. I guess altcoins will drop first with bitcoin. Next stop will be at k, meaning end of the bullrun.
Monthly rsi is still lower then the last bullrun so we can still go higher.. This is not an investment advice.
Possible scenario! The bigger picture tells that basic elliott impulsive waves principle played out perfectly, now we are in corrective phase and after wave C completed we should resume the bullrun, after touching 65k, maybe retrace to 58k levels to complete the ascending wedge, as can seen on chart. Overall, this is still on a bullish descending triangle, as you can see theres one bear trap on a fake breakout that has bounced on the 0.
As I mention before in my previous prediction, there is 1 scenario that bitcoin need a strong retracement before take of. Lets have a look together! Up to now, we are in the D wave heading to Hello all, this analysis is still about the bitcoin's potential movement in the lower time frame which we know that in higher degree the price is still trending in the consolidation zone which provide with less volatility.
But, in the lower time frame, we still can get benefit from the lower time frame's volatility with short term possible price action. In the Trying to understand this complex growth bitcoin has seen. Comparing some of the most powerful assets today.
Looking at a 3 Hour Chart with Heikin-Ashi candlestick. Gives us better flow and trending patterns. I will be using Heikin Candles mostly for comparison. We see a repeating pattern on the daily chart for BTC. Let me know what you think! Freefall for BTC not closed. Since early , OMG has been following a strong support.
View live Market Cap BTC, $ (CALCULATED BY TRADINGVIEW) chart to track latest price changes. CRYPTOCAP:BTC trade ideas, forecasts and market news. Watch live Bitcoin to Dollar chart, follow BTCUSD prices in real-time and get bitcoin price history. Check the Bitcoin technical analysis and forecasts.
Few days ago OMG bounced off said support again, starting a new path up. At the moment, OMG is also near the resistance of the symmetrical triangle drawn on chart, potentially breaking out soon.
Happy trading! During this period a triangle has formed, which I've drawn on the chart. As of this morning, the triangle has been broken on the upper side, potentially signaling a new bullish move upwards. Just most other cryptos, IOST is seeing some strong price action as of late. Currently, the price is still faitly close to the bottom support, so that gives IOST quite some upside.
If bullish pressure continues to build and BTC stays relatively calm, we can expect the triangle to complete in a matter of days. Buy: 0. Bitcoin, trend line break out pattern. TradingView EN. Cryptocurrency forecasts. Videos only. Surfs up.
Cardano is ready to go higher. XRP is trading above middle of channel and can go to 0. Tron is ready to go higher.
Litecoin new cycle is coming. Show more ideas.