hi guys, btc bull flag with 9k didn't work but...big picture is same.
bull run will start.
i think btc will come to low 8k areas. target is over 11~12k in december.
it will come...after bch hardfork...price will retrace to accumulation zones.
btc target is over 11k, probably 12k maybe more.
reasons for this trade.
1. price retracing within daily clouds, above the falling trendline from july. trying to make higher low in daily pattern.
2. weekly ma 50/100 will golden cross, indicate long term growth of market.
3. price in october has closed above monthly conversion line, which is very bullish meaning november has high chance of closing it above 9k.
4.most of alt coins have weekly bull divergences, with macd all going to golden cross.
btc daily retracement line, along with falling wedge trend
btc weekly 50/100 ma GK coming up.
altcoins:recommend ethereum(istanbul main net dec4th)
bull run will start.
i think btc will come to low 8k areas. target is over 11~12k in december.
it will come...after bch hardfork...price will retrace to accumulation zones.
btc target is over 11k, probably 12k maybe more.
reasons for this trade.
1. price retracing within daily clouds, above the falling trendline from july. trying to make higher low in daily pattern.
2. weekly ma 50/100 will golden cross, indicate long term growth of market.
3. price in october has closed above monthly conversion line, which is very bullish meaning november has high chance of closing it above 9k.
4.most of alt coins have weekly bull divergences, with macd all going to golden cross.
btc daily retracement line, along with falling wedge trend
btc weekly 50/100 ma GK coming up.
altcoins:recommend ethereum(istanbul main net dec4th)
코멘트:
코멘트: