BTC correction to $3800

アップデート済
The correction should take place now and BTC should test $3800. Bearish divergence on the 4h chart.
ノート
well, target almost reached but that speed that it achieved it with makes me thing we may dump further. I'll look into it. but bulls need to hold $3700 if the want to make that big inverse head and shoulder into reality.
ノート
$3661 needs to hold or the inverse H&S is invalidated.
ノート
The inverse H&S is very much still into play. Bitcoin’s inverse H&S doesn’t look perfect but the total market cap chart shows a better pattern. If we trade between the blue lines for couple of days or weeks then a powerful move upwards toward $5600 is very very possible. Like 85% I’d say now.

スナップショット
ノート
Looks like $3660-$3730 is a support area and should hold. We should see consolidation above or in this area for a few days before going back up.
ノート
Price Range is getting tighter, volume is steady, big move may come up soon. However I doubt it will happen in this daily candle so we might have to wait for the next daily candle. For the moment I see a inverse bart move on low volume so we should be going up. $3661-3730 keeps providing support.
ノート
BTC bullish wedge to breakout to $5600
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis

免責事項