BTC analysis

XBTUSD

Komen:

Day chart.
The current BTC price action is forming bearish flag which will lead us to double bottom.
There is enough RSI room for downward.

Komen:

My mistake. The target is around 6760.

Komen:

RSI sideway movement at the crucial level.
BTC is going to make a direction.

Dagangan aktif:

Breakdown.
Small rebound expected at marked price level zone.

Komen:

Target update :
The red line could be pierced.
5850~6200 is target for bearish flag.

Komen:

Then the target of the head and shoulder pattern is around 1850.
Time frame of the chart below is weekly.

Komen:

We also can see inverted Cup and Handle pattern.
In this case, the target is around 3550.

Komen:

Temporary target reached.
Going down again after recovering RSI

Komen:

Short term target : around 8500

Komen:

RED : HEAD AND SHOULDER (target : around 4300~4400)
YELLOW : BEARISH FLAG (target : around 6200~6300)

Komen:

Expecting price action like this

Komen:

Huge drop from 8500 to 4000 for 10 days(29th March)

Komen:

Trendline of RSI has been broken.