Hello all,
Here is the chart of yesterday :
Here is the current chart :
We have the first signs that the correction could be already finished. However, look the last big candle in red. This candle is really not good as this one is taking out all the up of the previous candle. Let's see what will happen in the coming hours but i hope this candle will change of pattern because till now it is not yet a very bullish scenario.
I wish you massive profits,
Cryptopassion.io
Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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If the head and shoulders pattern become complete
its possible for bitcoin to move up until 5500
The weekend volume is very weak and it's important to not over trade during low volume/low liquidity times as the risk of Bitcoin making wild moves is much higher.
Target to the upside still remains at $4400.
IF $3600 breaks, then I fully expect the lows to be retested
thanks @cryptopassion
follow me guys for more crypto ideas and signals.
happy trading
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I completely agree, nice comment. I'll throw you a follow :)
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Finished? I don't know. But if we hit the bottom, I'd say yes. Based on the 2014 movement, the current 3000-3200$ range should be our lowest.
This is the comparison (2014 -2018) I did a while back.
Cheers!
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