GOOD Morning guys, today in this technical analyusis I want to make an updates of what comming on in the Bitcoin price!!!
Fistrly, in the Daily timeframe we see that Bitcoin is so bearish for longer, remeber that in the past we analyse using the elliot wave analysis and so, we are now that Bitcoin has a possibility to up until the $9,350 USD, that is my maximum to pick up my targets profits of Bitcoin.
But also, in the H4 timeframe we are in formation one of my favorite pattern of Shoulder Head Shoulder inverted that approximately it's going to leave us the target until the $9,700 USD in the higher zone of the trend line that form the simetric triangle.
And also, let's me see one thing. If Bitcoin doesn't get us a bearish trend that soon, so, the possibility is that Bitcoin is continue up as the contrary hand and if I see a Bitcoin above of $9,700 USD and confirm as pull back that zone and Bitcoin is into the ascendent triangle that we can see so better in Daily there are a highly possibiliy to put in long until the $10,500 USD. That is the contrary hand if Bitcoin goes to up.
But for now, my target is into the $9,350 USD to pick up 10% of my earns. Because I invest in the zone of $9,108 USD put in long position investing 0.04 lots in BTC.
Below of there, you can to see better what I mean for you!!! And a good counsel is to keep prepared if Bitcoin goes to up and invalid my bear sentiment taht we hope in Daily or Weekly that it's see a bearish candlestick pattern.
Fistrly, in the Daily timeframe we see that Bitcoin is so bearish for longer, remeber that in the past we analyse using the elliot wave analysis and so, we are now that Bitcoin has a possibility to up until the $9,350 USD, that is my maximum to pick up my targets profits of Bitcoin.
But also, in the H4 timeframe we are in formation one of my favorite pattern of Shoulder Head Shoulder inverted that approximately it's going to leave us the target until the $9,700 USD in the higher zone of the trend line that form the simetric triangle.
And also, let's me see one thing. If Bitcoin doesn't get us a bearish trend that soon, so, the possibility is that Bitcoin is continue up as the contrary hand and if I see a Bitcoin above of $9,700 USD and confirm as pull back that zone and Bitcoin is into the ascendent triangle that we can see so better in Daily there are a highly possibiliy to put in long until the $10,500 USD. That is the contrary hand if Bitcoin goes to up.
But for now, my target is into the $9,350 USD to pick up 10% of my earns. Because I invest in the zone of $9,108 USD put in long position investing 0.04 lots in BTC.
Below of there, you can to see better what I mean for you!!! And a good counsel is to keep prepared if Bitcoin goes to up and invalid my bear sentiment taht we hope in Daily or Weekly that it's see a bearish candlestick pattern.
