Hello, I am Y_B.
Let's start the bitcoin analysis
# 4H Chart
It's in the box on the four-hour chart, and I think it's important to leave the top or bottom of the rising wedge first.
# 1W Chart
Bonus watch this week as the peak fails to exceed FB786 (9691).
You may suspect the ABCD pattern, and the value of D is
It is similar to the support range and the rising trend line of 5300-5150, which I expect.
The ABCD pattern should cost the same as the AB=CD period.
As a matter of time, it should reach 5K from mid-May to early June.
It was direct down from 10K to 6K.
It is believed that it will rise up to 10K without much resistance.
In addition, if the main downward trend (red line) is not breached, the big trend can be seen as a continued decline.
Let me know what you think.
Thank you for reading it.
For more information, please refer to past ideas.
XBT
Let's start the bitcoin analysis
# 4H Chart
It's in the box on the four-hour chart, and I think it's important to leave the top or bottom of the rising wedge first.
# 1W Chart
Bonus watch this week as the peak fails to exceed FB786 (9691).
You may suspect the ABCD pattern, and the value of D is
It is similar to the support range and the rising trend line of 5300-5150, which I expect.
The ABCD pattern should cost the same as the AB=CD period.
As a matter of time, it should reach 5K from mid-May to early June.
It was direct down from 10K to 6K.
It is believed that it will rise up to 10K without much resistance.
In addition, if the main downward trend (red line) is not breached, the big trend can be seen as a continued decline.
Let me know what you think.
Thank you for reading it.
For more information, please refer to past ideas.
XBT
