Happy Christmas!
First of all, I'm sorry for a less activity on TradingView for a long time. Let's take a look at what is waiting for us for the next year.
We see that the Rising wedge was broken at $3955. Also, it was a dead crossover for EMAs.
Now we have 2 scenarios.
1) inverted Head and Shoulder. For validation of that pattern, It has to bounce from the trendline (blue), it is near 0.5 FIB ($3630-$3670), Then can retest 4400-4700 again - The probability of that scenarios is 35%
2) Retesting 2900-3000 (which the strong support zone of 2017 bullrun), also it a lower point of the downtrend channel. - I give 65% probability to that scenario.
Please don't forget to like if you like the idea :) Thanks a lot!
First of all, I'm sorry for a less activity on TradingView for a long time. Let's take a look at what is waiting for us for the next year.
We see that the Rising wedge was broken at $3955. Also, it was a dead crossover for EMAs.
Now we have 2 scenarios.
1) inverted Head and Shoulder. For validation of that pattern, It has to bounce from the trendline (blue), it is near 0.5 FIB ($3630-$3670), Then can retest 4400-4700 again - The probability of that scenarios is 35%
2) Retesting 2900-3000 (which the strong support zone of 2017 bullrun), also it a lower point of the downtrend channel. - I give 65% probability to that scenario.
Please don't forget to like if you like the idea :) Thanks a lot!
Not
Bounced from 0.5 FIb as I expected, now we have to see how strong was that bounce.İşlem aktif
Not
We are waiting for iH&S . But I have doubt that it will form that. Let's see.Not
Seems it got support at 0.618 FIB and trying to form a huge iH&S pattern. BTC has to stay above 0.382 FIB ($3750), then it will be easy for bulls to push it up.Not
Not
iH&S is in play.Not
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.