This is the END, hold your breathe and count to ten...
Well fellows, as predicted the correction is started.
1. The BTC price broke the uptrend (finally!!)
2. Apparently a head and shoulders pattern is formed
3. Momentum decreased
4. and I think price is shaping a falling wedge!
and seriously guys, bitcoin need a really serious correction to be stabilize... market is out of balance.
Targets calculated based on Fibonacci levels because i love them, and SL is a strong close above 63700,where btc breaks the shoulder.
Farewell.
1. The BTC price broke the uptrend (finally!!)
2. Apparently a head and shoulders pattern is formed
3. Momentum decreased
4. and I think price is shaping a falling wedge!
and seriously guys, bitcoin need a really serious correction to be stabilize... market is out of balance.
Targets calculated based on Fibonacci levels because i love them, and SL is a strong close above 63700,where btc breaks the shoulder.
Farewell.
Nota
Thank God, "the falling wedge" got failed, it's more like a downtrend channel
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.