BTC/USDT Chart - #re-Testing

Hello guys, We're now going to end the year 2019 of BTC so we chart what will happen until the end of 2019. The wave 5 is now retesting, If the price won't reach above $7.250 - 7.3k BTC will reject the price, it will fall again. We assume the BTC price will go below $6.5k to $6.3k. We put the 2 trendlines to determine if this will fall or rise. We will see what happens until the end of the holiday season. 




Check the graph and please let me know your own idea and opinions on what the price would it be, Are we going to bearish or bullish?




Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)


Disclaimer: This is for educational purposes,it is not intended as a financial advice.


The analyst won't be responsible for a loss of fund. The trader must be able to manage risk.


 


#Trend Analysis


#Chart Patterns


#Wave Analysis


 


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Thanks a lot!



COMMENT

24

Shadda 🇵🇰
19 Dec

Its good bounce back..hope it will continue up and up... 

22

preview not available Osato Jegede
19 Dec

I don't see Bitcoin finishing above $6,500 this year. Well, I may be wrong like I do sometimes. 

17

Bitcoin Bee Reporter
19 Dec

That's fine sir, we will share our ideas and the mistake or wrong maybe corrected soon. godbless you!

30

preview not available Dotun Awosika
19 Dec

Thanks for the TA on bitcoin, it is interesting seeing BTC pricce come up the continuous plunge.

21

Hope Ochei
20 Dec

Well, I think the price will be around 7k and above by the end of the year 2019.

9

Md Rashedul
20 Dec

Thanks for the TA on bitcoi.....

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