Alert: Bitcoin change the paradigm and structure in the market
At the moment, I update my second analysis on Bitcoin , so I decide to closed up my short position in Bitcoin toward the $42,000 USD, so, I see that the price make support above of $46,000 USD good support to bought Bitcoin .
In H4 timeframe we see a bullish divergences as Ethereum do in the H4 timeframe togethers. This it's coincidence that Bitcoin it's up as the same time Ethereum .
In H8 it's bullish and the price in this moment it's give us a bullish signal.
Now, in Daily chart , this it's very important, Bitcoin it's show us a resistance of the support above of $46,000 USD as I identity in this timeframe and also the confluence using Fibonacci that make support in the 0.382% of Fibonacci.
That it's cool.
Now, I prepare and update this analysis for you if you want to entry in Bitcoin . You can to put your buy order limit at $47,100 USD and your target will be the following $60,000 USD or $70,000 USD. And the Stop Loss will be $43,200 USD
In H4 timeframe we see a bullish divergences as Ethereum do in the H4 timeframe togethers. This it's coincidence that Bitcoin it's up as the same time Ethereum .
In H8 it's bullish and the price in this moment it's give us a bullish signal.
Now, in Daily chart , this it's very important, Bitcoin it's show us a resistance of the support above of $46,000 USD as I identity in this timeframe and also the confluence using Fibonacci that make support in the 0.382% of Fibonacci.
That it's cool.
Now, I prepare and update this analysis for you if you want to entry in Bitcoin . You can to put your buy order limit at $47,100 USD and your target will be the following $60,000 USD or $70,000 USD. And the Stop Loss will be $43,200 USD
