Short- / mid-term forecasting analysis
More visible more probable.
Dotted lines: possible forming patterns.
Solid lines current confirmed patterns.
More visible more probable.
Dotted lines: possible forming patterns.
Solid lines current confirmed patterns.
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Hopefully it drops to the $6300 region, i'll definitely be buying and longing from there. Then short at $7500 levels. In short I'll be scalping my way with small accounts until the $4700 region. From there I'll probably put most of my capital that I'm willing to loose. Once support is confirmed, I'm pretty sure bitcoin's current market cycle will end with a bang, with fireworks everything. Next bull rally wil be triggered by the 2020 halving, upcoming Euro crisis and the break outs of the de FW/DC & ST. This should start a new market cycle above the $27K region. Let's hope for the end game to become real.
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Daily view
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DT confirmed.
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Will the DT turn into a bull flag or will it become a broadening descending channel?
