This could be it! Bitcoin (BTC) technical analysis. June 24th.

in #bitcoin6 years ago (edited)

Did everyone catch my ascending triangle call yesterday for a short term $150 gain per (BTC)?

Right after my call, price shot up $150 before dropping heavily. If you wish to check it out, go here --> https://steemit.com/btc/@topcoin/btc-technical-analysis-ascending-triangle-spotted-are-we-done-with-wave-5

What happened to (BTC) last night? Exactly what I said would happen. Click here for see--> https://steemit.com/bitcoin/@topcoin/btc-technical-analysis-elliot-wave-count-i-hope-you-heard-my-last-forecast

So.. what now?
I am FINALLY turning bullish.

  • RSI on high frames show strong bullish divergence. (lower low in price action, higher low in RSI)
  • MACD slowly gaining strength.
  • I believe that WXYXZ correction is over. (All waves present)
  • Strong bounce with volume confirmation.

Let me put it simply.
Resistance: $6,250
Support: $5,760

If resistance is broken, (BTC) will rally towards $6,600~$6,900 region. (Wave 3)
If support is broken, .. I don't even want to think about this scenario yet. Honestly I don't think it will happen.

I am very bullish on (BTC) right now. If you have any questions, please leave it in the comments.

btc june 24.png3 min frame.png