Bitcoin and the CrytoMarkets. Pivot Points and Market Direction
Dilihat 2636 kali
After weeks of continuous indecision and rolling between bullish and bearish perspectives over and over, the time has come for a decision point to be made within the crypto markets. The direction the market takes this week will influence the current year.
I am still very undecided over where this is heading.\u2028\u2028The chart is self-explanatory wether the current downtrend will be over or not considering the breakout of the pivot line (orange). If the pivot line is not broken, I expect a downfall of the market to levels close to 4300 USD and the creation of a similar Harmonic Pattern as the one shown in the graph. If it does manage to break up, I expect price to reach the first target around 13900 USD. Second target around 16500.
I am still very undecided over where this is heading.\u2028\u2028The chart is self-explanatory wether the current downtrend will be over or not considering the breakout of the pivot line (orange). If the pivot line is not broken, I expect a downfall of the market to levels close to 4300 USD and the creation of a similar Harmonic Pattern as the one shown in the graph. If it does manage to break up, I expect price to reach the first target around 13900 USD. Second target around 16500.
Idea Berkaitan
February 7th - Pivot Day
CoinMajesty
mengenai ETHUSDT
mycotoxin
6800 then 4k comming up ! yippie
Balas
mycotoxin
mycotoxin
@mycotoxin, theres also a 2k drop
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majorlee
perfect bounce on that level
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zine05
thanks good job
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majorlee
thanx Juan, taking note!
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TheTrex
Nice chart ;)
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roma777
dump
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damdamm
Inverse Head and shoulders but here bearish view. I used to it.
+1
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AdrianZieniewicz
damdamm
@damdamm, it failed, there was no breakout
Balas
grrface
I wish every one would just make up there mind already...
+1
Balas