Hello.
Recent days were pretty indecisive for cryptomarkets, but the fact is that this indecision was quite specific. Whole image presents accumulation phase, fractals building patterns. Bearish patterns could lead to fakeouts at this stage, like it did at the beggining of April.
Presented analysis shows buy opportunity with tight stop loss below trading channel and profits located at fibo resistances. Touching upper resistance of trading channel could lead to another effects and We will track them carefully.
Long term analysis is prepared for You in my previous BTC idea and it supports current one:

Recent days were pretty indecisive for cryptomarkets, but the fact is that this indecision was quite specific. Whole image presents accumulation phase, fractals building patterns. Bearish patterns could lead to fakeouts at this stage, like it did at the beggining of April.
Presented analysis shows buy opportunity with tight stop loss below trading channel and profits located at fibo resistances. Touching upper resistance of trading channel could lead to another effects and We will track them carefully.
Long term analysis is prepared for You in my previous BTC idea and it supports current one:

註釋
Fibo 0.236 crossed, expected meeting with upper resistance of channel.註釋
0.236 fibo didn't hold, return to blue support could occur.註釋
single seloff seems no hurty !交易結束:目標達成
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