Hello As you can see, In late April to late June 2019, Bitcoin raised about $ 8,000. The climb started at $ 5000 at the same time as the EMA500 and MA1200 crosses (red range). The same trend is reversing at the end of October. (Blue range) I predict that the bits on the EMA500 and MA1200 will see prices between 6000 and 5000 and less likely 4000.
Trade attivo
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End of October 2019 (Ascending, descending, Neutral) Good, Bad, Ugly ??? which one ???
Commento
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Hello friends. This is a fake failure and the market is turning to the triangle. Just know, this is the game of whales.
Well this is possible. But, as I said in update - this is not obvious yet as market has to provide bearish confirmation. Ultimate downside target stands at~1800 according to our weekly analysis
Currently bullish long-term setup is not broken yet.
alimannn
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@Sive-Morten, I agree with you. Thank you for your comment.
@alimannn, your welcome. If your interested you can join t.me/NxtGenAnalyticsour telegram group and share your ideas and pick up ideas in this group. No fees.
Currently bullish long-term setup is not broken yet.