Updates alert: Bitcoin gave us another chartist pattern
Hello guys, in this updates as the second updates of the day in this par of Bitcoin. Well, Bitcon show a strong support of the $9,200 USD in H4 timeframe, also you can get it in H1 tiemframe to see it.
Now, I'm here to bring you a possible movement explode in Bitcoin, because there are a possible demand zone in Bitcoin and for there, we need to have prepared in this situation, because this morning Bitcoin is into yet in the bearish channel rising wedge in scalping of 30 minutes to continu to find down the $9,000 USD, but there are another mind to take in noticed and if that.
In H1 timeframe we see a possible formation of Shoulder Head Shoulder inverted and this mean a possible long to open up if the next candlestick confirm that to go to long together. Another point is that in H4 was a little correction of Bitcoin of -2% of drop, to have force to continue up, that is no neccesary mean a continue drop, because in Daily we see the panamormic so bullish.
A second point to explai nis the formation of Bearish BAT, because BAT is reach a target at 0.618% of Fibonacci, look, this is a key level of support, because there are a logical sequence of Fibonacci that is hide that Bitcoin have force, and then, we need to follow the bulls traders to buy it. And also, in H1 timeframe we will have a bullish butterfly that reach at 1.273% of Fibonacci, noticed that is a target taht was finished this bullish butterfly and then, we found out with a shoulder head shoulder, noticed that this pattern are bullish and the possible to put in long is so higher than sell, because bulls are defend the suppport of $9,200 USD.
And finally, in Daily there are a little more updates because there are a possible movemetn that I mark then, well let's say that is a double bottom in Daily and then, Bitcoin is prepared to break up this bearish channel and is so prepared to done. That is the model so what I see in Daily
But attention, in the next hours we need a confirmation of just one thing an it's a price action, because the previosuly candlestick was formed is a Doji, that mean a possible change of trend and continue up for buyers to carry the price in the $9,700 USD and break up this bearish channel. So ,I will online to stay alert and please, still here alert in this updates, because in minutes it's supposedly to take my confirmation of my hand if we are go to long as we see!!!
Now, I'm here to bring you a possible movement explode in Bitcoin, because there are a possible demand zone in Bitcoin and for there, we need to have prepared in this situation, because this morning Bitcoin is into yet in the bearish channel rising wedge in scalping of 30 minutes to continu to find down the $9,000 USD, but there are another mind to take in noticed and if that.
In H1 timeframe we see a possible formation of Shoulder Head Shoulder inverted and this mean a possible long to open up if the next candlestick confirm that to go to long together. Another point is that in H4 was a little correction of Bitcoin of -2% of drop, to have force to continue up, that is no neccesary mean a continue drop, because in Daily we see the panamormic so bullish.
A second point to explai nis the formation of Bearish BAT, because BAT is reach a target at 0.618% of Fibonacci, look, this is a key level of support, because there are a logical sequence of Fibonacci that is hide that Bitcoin have force, and then, we need to follow the bulls traders to buy it. And also, in H1 timeframe we will have a bullish butterfly that reach at 1.273% of Fibonacci, noticed that is a target taht was finished this bullish butterfly and then, we found out with a shoulder head shoulder, noticed that this pattern are bullish and the possible to put in long is so higher than sell, because bulls are defend the suppport of $9,200 USD.
And finally, in Daily there are a little more updates because there are a possible movemetn that I mark then, well let's say that is a double bottom in Daily and then, Bitcoin is prepared to break up this bearish channel and is so prepared to done. That is the model so what I see in Daily
But attention, in the next hours we need a confirmation of just one thing an it's a price action, because the previosuly candlestick was formed is a Doji, that mean a possible change of trend and continue up for buyers to carry the price in the $9,700 USD and break up this bearish channel. So ,I will online to stay alert and please, still here alert in this updates, because in minutes it's supposedly to take my confirmation of my hand if we are go to long as we see!!!
Trade aktif:
Well guys, put in long position because Bitcoin is want to up, not to down, so closed your short position and put in long position, what the price make is a rejected of the bear trend and show that Bitcoin want to up until the $9,700 USD, altseason is soon in Ethereum. I making a analysis in Ethereum and publish it in minutes.
