eliotsl
@t_eliotsl
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Bitcoin forms a falling wedge pattern on the daily time frame. This pattern is a continuation pattern with the target around $128,000. $128K SOON
Everything is clear. A bullish pattern breakout will likely lead to a retest of the previous high. There is a high probability that the new ATH will be a fake breakout.
Bullish flag, targets based on bullish flag and fibo
my analysis is based on double bottom reversal and completion of 5 waves and reaching the important zone of 0.9 and 1, which is always an important zone and also fibbo confirms that zone too
I believe Doge will reach $1 target will be 1.618 of fibbo that means $1
It's long-term analysis, and everything can change!
I don't feel like writing everything is clear. Bitcoin is bullish right now, but keep an eye on this pattern.
Invalidation: Weekly close upper than $0.4 with a strong candle
Bearish Flag PatternBreaking $0.5 with a strong candle and a daily close will invalidate this scenario.For more clarification: ALGO in weekly and Monthly timeframes (simply in the long term) is super bullish! but this is a possible scenario for the short term and can be invalidated.Done
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.