Following Feb 5th update, BTC spent the last two weeks forming sideways movement and moving towards the blue trendline. BTC is expected to come in touch with the said trendline during this week and if we see an increase in demand followed by a crossing above the dotted trendline, then we might see BTC heading for higher levels and setting new ATH during March. Crossing the blue trendline followed by a daily close below 89,000 level means, BTC will probably keep dropping towards lower levels.
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The altcoin market has found support two weeks ago on the 1week MA50. Even though it is pulling back this week, the new bottom has been formed and the Channel Up should now extend the Cycle and its final Bullish Leg. The previous Cycle topped just under the 1.5 Fibonacci extension. With the 1week RSI about to turn neutral, the trend now favors buying again. We expect to see the market at 2 Trillion (just under the 1.5 Fib). Follow us, like the idea and leave a comment below!!
after posting a bottom PSO is moving upside NOW, Long entry is recommended from this point.
after posting a bottom FFC IS now ACCUMULATING from last 1 week, Long entry is recommended from this point.
Hi Traders! GJ had a nice push to the upside reaching 193.000 making a new HL on the 4HR TF. Right now, price is pulling back bouncing off the Failed Swing line. If price broke below 191.000 with continuation, then I'd look to sell to the 4HR CHOCH area around 190.000. However, price isn't telling me that it wants to go lower. In addition, the candles printing on the Daily are smaller and not closing below 191.000 so that could indicate that price may push to the upside. If GJ can give me more confirmation that it'll have the momentum to push past 193.000, then the inverted head and shoulder pattern might play out. I'd like to see more of a strong bullish close above 192.000 on a higher TF for me to think about a buy. Lets see if GJ will come through for us, and give us a nice set up!?
IF manta can get out of this channel i see an up trend !! Target 268 % up. Hold and load your bag !!
after posting a bottom engroh is moving upside NOW, Long entry is recommended from this point.
Looks like it's following the cup pattern. Target 98.77
thccl is moving upside NOW, Long entry is recommended from this point.