Bitcoin!!! Can History repeat itself
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Hey guys
I took more time analyzing market occurence in 2013-2015 and I discovered closed similarities between the moves.
Follow the chart is well detailed and explanatory.
Quick deduction from the chart:
Price is doing possible abc wave which should take us back to 5k zone before final drop. Already completed wave a and wave b. Remain wave c updside.
Looking at oscillating indicator formation during 2013-12015 and now at 2019 have same structures, showing possible oversold with bullish divergence view.
This view will be void if price closed below a point tagged as wave a around 3225$.
I already made a post focusing on the possible upside move, check it out from here.
Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
I took more time analyzing market occurence in 2013-2015 and I discovered closed similarities between the moves.
Follow the chart is well detailed and explanatory.
Quick deduction from the chart:
Price is doing possible abc wave which should take us back to 5k zone before final drop. Already completed wave a and wave b. Remain wave c updside.
Looking at oscillating indicator formation during 2013-12015 and now at 2019 have same structures, showing possible oversold with bullish divergence view.
This view will be void if price closed below a point tagged as wave a around 3225$.
I already made a post focusing on the possible upside move, check it out from here.
Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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We had good bullish candle yesterday which may be the start of the upside journey.My view still remain same.
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