BTC Analysis, VERY IMPORTANT CHART

23 thg 9, 2020

BTC Analysis, Weekly Chart, 24/09/2020

Hello guys, another bitcoin analysis here, remember to always do your own research.
So let's get started:

You could see in BOLD RED, a very significant diagonal resistance line! started: 2018, ended: somewhere at 2020.
This is a very important resistance line because you can see how we tried to break it at "Y" point, and couldn't (covid-19 didnt help),
but afterwards, you could see a very interesting "X" point, that clearly and massively breakes this resistance.
This resistance line is very strong, and breaking him is very important for us, in order to see a long term bullrun from btc.

My analysis as shown using elliotwave, is that BTC will get to 13k at the end of november / early december.
We supported a nice historic elliot wave moment on BTC (before breaking) which shows us that BTC(w) work very well with elliotwave.

HAPPY TRADING GUYS!!


long for me.


Disclaimer: This idea is my own, and is NOT a financial advise. I am not responsible for any of your losses.