Hi everyone, after the post of comparing Bitcoin in daily chart with Gold in weekly chart in last few hours ago, this post is short term of Bitcoin and detail about the way to 53xx - 5xxx.
Same as many time, I just use simply indicator: MMAR + Ichimoku cloud + TD - Sequential
First, look at the MMAR, the short average far from long average show we have been staying in strong downtrend and Bitcoin need pull back little (correction) to balance market. The target for pull back is 67xx zone.
ATTENTION: Bitcoin can not pull back and straight dropping to 58xx if it can not break 65xx like the last predict of me (BTC pull back to 72xx but it just try touching 71xx and boom), you can see this chart:
There are 2 way in 67xx, if break up so keep pumping to 72xx, but if not so go to hell 53xx - 55xx.
If Bitcoin go to hell zone 53xx - 55xx we will see some pull back with target is the major zone of supports and resistances.
All analysis in above and you can enjoy. Using Fibo 2 and Fibo extend you can find importance zone!
Good luck and smart invest! Dont forget put a LIKE!
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Target 53xx like this chart:
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Hi guys, crazy man name Bitcoin, we dont have any pullback. In above I talk you need careful because Bitcoin may not have pull and come to 58xx. Now it happen!
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The middle term downtrend of Bitcoin in last is slowly but this time we are in strong dropping and fast showing the market is panic and they are not interested in the market anymore.
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If Bitcoin drop to zone 57xx - 58xx you can Long and make fast profit and get out the market!
การซื้อขายยังคงดำเนินอยู่
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DCA you money from here 60xx$ to 57xx and wait the market bounce
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We also have good accumulate and perfect action in zone 60xx -61xx and standing in 63xx now. Target keep be 66xx - 68xx before dropping again!
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Bitcoin dropping suddently to lower zone, wait back bounce before final dropping
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Bounce back success from 58xx to 62xx, now is final dropping!
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Hi guys, we are in strong resistance, all you guys can try SHORT now: