I guess it can go either way although I'm more bullish than bearish... let's wait and see what happens...
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And price almost reached the top target but didn't manage to get there leading to the following selloff to this price levels we see today. Now price will go sideways with a little bullish behavior until it hits that bottom spot (then price should spike up around that day / days)
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#Bitcoin Daily Chart Update: Price reached that lowest probable hotspot and in the following days it may start building up a new bullish trend that may take the price to the next probable hotspot.
Here's a 4h chart with a close-up view - On the next expected push, I see it reaching the $6450 to $6550 for a 1st wave followed by a small pullback with typical bullish consolidation.
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Bitcoin in the next hours - Probable correction to visit once more the $6425 or as low as $6325 range. After that price will bounce back up above present price levels. <<BEEP>>
Updated idea with those blue lines reflecting what I mention above
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And #bitcoin reached $6425 as predicted 18h ago! waiting for probable dump and bounce at $6325
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Embrace a sideways action for a few days (with minor bullish dominance). I expect to see major action around 22 / 25 of September and later on around November 2nd, 'till then, minor price swings.
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4h Chart Update - Price currently inside the cloud. Remote possibility for an edge to edge trade close above cloud, still early to tell for sure but it's building up strength.
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New 4h chart idea update - And price still going for the edge to edge trade and heading to that hotspot I've created on september 2nd. ;) let's see what happens in the following hours / day.
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New update for the 4h chart - Price went up above the cloud but failed to close above the cloud leading to a pullback that happened in the last hours. I would be surprised to see in the following hours a new wave to try to break that resistance. On the other hand, correction to 6555 may occur.
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Price so far has been following more or less what I've predicted. For the following days/week I would expect a move around that $7000 resistance zone / levels. I wouldn't surprised if it hits that target to see a correction to $6750 where it will fight to gain support. As usual, time will tell.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.