BITCOIN | GOLDEN OPPORTUNITY - "Short Bullish Wave" in ACTION!!
Hi Everyone,
Here we're looking at BTCUSD Potential to give a promising short term Bullish WAVE.
First let's talk about the Fundamentals
Morgan Stanley analysts stressed in a note published in early March that bitcoin was behaving much like the stock market did in the dot-com crash of the 2000s, only at "15 times the speed" - Indicating it might suffer even more,
US Tech Company Intel Files Patent To Reduce Bitcoin Mining Energy Use - Basically every AWS management has rights to dinel there services that prompt or promote crypto mining - Indication it might reduce the valuation by half,
Basically every news or vibe is negative at the moment about BITCOIN,
but it's interesting what our Technical side is saying,
this analysis mainly consists of Trenlines, Harmonic and Elliot Wave theory! (X and W wave will be plotted in near future once the remittance due)
so, let's dig deep in - if you can see the Symmetric Trendline collapsing at current market price acting as a support which was plotted from A of Bullish Bat(1) to C
also, we've got Dynamic Trendline acting as a support plotted from X of Bullish Bat(1) to X Bat(2)
after that we can see our CMO crossing over "Zero" Indication of a bullish swing1
in accordence with 200DAY M.A indicating volatility contractions and Oversold price action
on Daily Chart!
Conclusion - Technicals over Fundamentals
have any doubts? than, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Join our Telegram (link in BIO)
Source - General public Information!
Here we're looking at BTCUSD Potential to give a promising short term Bullish WAVE.
First let's talk about the Fundamentals
Morgan Stanley analysts stressed in a note published in early March that bitcoin was behaving much like the stock market did in the dot-com crash of the 2000s, only at "15 times the speed" - Indicating it might suffer even more,
US Tech Company Intel Files Patent To Reduce Bitcoin Mining Energy Use - Basically every AWS management has rights to dinel there services that prompt or promote crypto mining - Indication it might reduce the valuation by half,
Basically every news or vibe is negative at the moment about BITCOIN,
but it's interesting what our Technical side is saying,
this analysis mainly consists of Trenlines, Harmonic and Elliot Wave theory! (X and W wave will be plotted in near future once the remittance due)
so, let's dig deep in - if you can see the Symmetric Trendline collapsing at current market price acting as a support which was plotted from A of Bullish Bat(1) to C
also, we've got Dynamic Trendline acting as a support plotted from X of Bullish Bat(1) to X Bat(2)
after that we can see our CMO crossing over "Zero" Indication of a bullish swing1
in accordence with 200DAY M.A indicating volatility contractions and Oversold price action
on Daily Chart!
Conclusion - Technicals over Fundamentals
have any doubts? than, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Join our Telegram (link in BIO)
Source - General public Information!
Trade ist aktiv:
Low Volume, Sundays are usually like that.
Bull rally will continue it's course from tomorrow!
(Patience is Key)
Bull rally will continue it's course from tomorrow!
(Patience is Key)
Trade ist aktiv:
Asian Session - Bullish (+7.23)
London Session - Bullish (+3.14)
New York is about to Open and it all looks Bullish,
BITCOIN Bounced off from our Symmetric Trendline perfectly,
Bull Rally Continues!
(KEEP HODL)
London Session - Bullish (+3.14)
New York is about to Open and it all looks Bullish,
BITCOIN Bounced off from our Symmetric Trendline perfectly,
Bull Rally Continues!
(KEEP HODL)
Trade ist aktiv:
BULLISH RALLY CONTINUE,
Kommentar:
Trade ist aktiv:
More updates on this thread,
where we discuss why BULL is Expected to be stronger in the month of April!
where we discuss why BULL is Expected to be stronger in the month of April!
Trade geschlossen: Ziel wurde erreicht:
For Speculators,
