$BTC reminds of the 83000 bottom-picking, and it’s time to eat big meat again. 😇
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BTC-皇哥
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$BTC 【Bitcoin arrives at around 83,000 as expected, another chance to get back on board】
Yesterday Huang Ge said that the big coin is likely to pull back to around 83,000. You could bottom-fish and add positions to come back. Today the opportunity is here—after the 85,000 double-top structure failed to hold, it has fallen back to around 83,000, another accurate prediction.
Let’s look at Charts 2 and 3: After Bitcoin broke above the previous high at 82,880, it directly went to the 87,000+ area that we expected. Then a MACD top bearish divergence appeared at the daily level. At the hourly level, a double-top pattern emerged, so we entered a correction and repair phase. So the current 82,500–83,000 area is a fairly strong
support area, because it’s near the previous high and also the 0.318 Fibonacci support from this move. Therefore, within this range you can appropriately bottom-fish to bet on a rebound. Exit if it breaks 81,800.
$ETH $LTC
Yesterday Huang Ge said that the big coin is likely to pull back to around 83,000. You could bottom-fish and add positions to come back. Today the opportunity is here—after the 85,000 double-top structure failed to hold, it has fallen back to around 83,000, another accurate prediction.
Let’s look at Charts 2 and 3: After Bitcoin broke above the previous high at 82,880, it directly went to the 87,000+ area that we expected. Then a MACD top bearish divergence appeared at the daily level. At the hourly level, a double-top pattern emerged, so we entered a correction and repair phase. So the current 82,500–83,000 area is a fairly strong
support area, because it’s near the previous high and also the 0.318 Fibonacci support from this move. Therefore, within this range you can appropriately bottom-fish to bet on a rebound. Exit if it breaks 81,800.
$ETH $LTC
