Szenario 1: Direct up with small normal corrections
Seznario 2: SHS with a stronger correction and then up
What do you think?
Let's see what happens. Happy trading. :-)
See also Chart 1:
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BTCUSD (4h): update - a red week could be waiting for us...
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BTCUSD (4h): next week > a red week? ...
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BTCUSD (30 min): as expected, we touched 15400. chart adapted to new situation. more down possible.
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BTCUSD (1h): Sorry, but we're not in calm water yet.
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BTCUSD (30min): Next move down possible ...
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BTCUSD (2h): new possible short term trendline
https://tps://www.tradingview.com/x/E29TGT7K/
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BTCUSD (3h): touch exactly the down point. now we are at an important cross between trendline 1 and 2. see above in the main chart.
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BTCUSD (2h): support line reached. shs possible. chart updated.
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BTCUSD (1h): short intermediate status ...
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BTCUSD (8h): the situation is a bit clearer. we see a strong support line from the past. if this support line becomes established, a further up is likely.
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close up in addition
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BTCUSD (4h): take a look at bitfinex and the situation will get a little clearer. as the world's largest exchange, bitfinex has the largest volume. there the extreme situations show up better. if you look at the lines, the picture gets a little sharper. we could expect a further upturn.
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BTCUSD (1h): situation chart ...
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BTCUSD (12h): update ... two scenarios are still possible.
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BTCUSD (12h): update ... raw idea of the situation ...
@btcinvests I think the trend line will break and we could see BTC going down to 8000$..
I am not seeing any major catalyst at the moment to drive the price up...
Meanwhile BTC already broke monthly pivot 14380$
I am not seeing any major catalyst at the moment to drive the price up...
Meanwhile BTC already broke monthly pivot 14380$
imgur.com/Qjw0G79