Technical Analysis
Hey guys! Sup? Hope U are doing fine, so let's talk about our favorite bitcoin. So we saw really choppy moment in bitcoin past week and a failed attempt to cross $6600 Level. It got rejected 3 times and breaking down. So let's come to the chart. The Black Line on the chart represents the mean line and hopefully the bottom of the bitcoin will spot there. Right now its forming a triangle which will broke-down and we will see Test of $5600 support level. which may hold for a while. It is the last Z wave of WXYXZ Correction bottom is near guys hold on tight. that's all for now, don't forget to leave a like and follow me for more cause lots of charts are coming in, Thank You.
Indicators
1. MACD - Neutral on weekly
2. RSI - Neutral Bearish on weekly
Conclusion
What I think Bitcoin is going to do is that it will breakdown to 5k take support on mean-line consolidate for a while and the mooooon
Previous Analysis
Thanks Guys For The Support
Hey guys! Sup? Hope U are doing fine, so let's talk about our favorite bitcoin. So we saw really choppy moment in bitcoin past week and a failed attempt to cross $6600 Level. It got rejected 3 times and breaking down. So let's come to the chart. The Black Line on the chart represents the mean line and hopefully the bottom of the bitcoin will spot there. Right now its forming a triangle which will broke-down and we will see Test of $5600 support level. which may hold for a while. It is the last Z wave of WXYXZ Correction bottom is near guys hold on tight. that's all for now, don't forget to leave a like and follow me for more cause lots of charts are coming in, Thank You.
Indicators
1. MACD - Neutral on weekly
2. RSI - Neutral Bearish on weekly
Conclusion
What I think Bitcoin is going to do is that it will breakdown to 5k take support on mean-line consolidate for a while and the mooooon
Previous Analysis
Thanks Guys For The Support
Transaction en cours:
Breakout Just Happend
Transaction en cours:
More Choppy Movement Before the further Fall
Transaction en cours:
I Think We Are Dealing With Bear Flag
Commentaire:
Bear Flag Working Completely fine now expecting bounce to $6600 before the further fall good luck guys!
