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.
Kommentera:
Thank God, "the falling wedge" got failed, it's more like a downtrend channel