If current BTC state describe like "return to previous", so market need a bull signal, H&D is possible in current state. Waiting for confirmation. Target 14,500$ is still valid. In other way, 5,000$ will come true
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BTC Touched the lower line of resistance zone And now it's 0.32 retracement level of last bullish movement.
Retracement level 0.32 was strong support level for each bullish movement during BTC Green Days. If according to Bubble Chart, we stay in "return to normal" phase, so 0.32-0.5 could be strong support zone. BTC still have target 13,500 - 14,200$, before BC leg of correction.
Retracement level 0.32 was strong support level for each bullish movement during BTC Green Days. If according to Bubble Chart, we stay in "return to normal" phase, so 0.32-0.5 could be strong support zone. BTC still have target 13,500 - 14,200$, before BC leg of correction.
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BTC touched CSR B, that was support in channel formed at 15th September. Support line of this AB leg of correction have almost the same anglee as "Euphoria" area, formed at 12 September. New High (B) will be soon.
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Right shoulder is complete, ready for breakout.