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Bitcoin show a possible resistance of the Bulls!!! Interesting!!

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COINBASE:BTCUSD   بتكوين
Hello traders and crypto-community. Today Bitcoin is show in H1 timeframe a possible up of the price, that mean that Buyers are more strongest and strenghten that offerents (sellers). Well, sellers show me that is weakness and buyers are defend the $9,200 USD, and also the shoulder head shoulder inverted are invalided and then, show a bullish channel in H1 timeframe, that mean a possible an indicator for buy Bitcoin at this zone. Also, I mark a strong support line, that if Bitcoin touch above of then, Bitcoin could to explode and appear a grat bull candlestick in some hours or included to complete this approximately elliot waves correction ABCDE analysis. As a reference, this buttefly bullish, could be a exceptional that Bitcoin has force to continue up.


So, based in the H4 timeframe, Bitcoin is valid the 0.618% of Fibonacci, and that mean that Bitcoin in each H4 candletick could to mean that Bitcoin could to explode!!!


And guys, in Daily this is a possible proyection that I mark as reference to following this model in Daily timeframe.

Now, very important based in the conduct of Bitcoin, Ethereum could to following the same example of Bitcoin do!!!

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