BTC Analysis, VERY IMPORTANT CHART

Тема в разделе "English", создана пользователем Trading Ideas, 24 сен 2020.

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    4773126-C5jK_mid.png
    BTC Analysis, VERY IMPORTANT CHART
    BTC / USD BITBAY:BTCUSD
    eilonlevy
    mFEHHkYC_mid.png
    BTC Analysis, Weekly Chart, 24/09/2020

    Hello guys, another bitcoin analysis here, remember to always do your own research.
    So let's get started:

    You could see in BOLD RED, a very significant diagonal resistance line! started: 2018, ended: somewhere at 2020.
    This is a very important resistance line because you can see how we tried to break it at "Y" point, and couldn't (covid-19 didnt help),
    but afterwards, you could see a very interesting "X" point, that clearly and massively breakes this resistance.
    This resistance line is very strong, and breaking him is very important for us, in order to see a long term bullrun from btc .

    My analysis as shown using elliotwave, is that BTC will get to 13k at the end of november / early december.
    We supported a nice historic elliot wave moment on BTC (before breaking) which shows us that BTC (w) work very well with elliotwave.

    HAPPY TRADING GUYS!!


    long for me.


    Disclaimer: This idea is my own, and is NOT a financial advise. I am not responsible for any of your losses.
     
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