Good morning Traders!
After the pair reached all our bearish targets (see chart below), on weekly chart we saw a nice rally, and from our point of view it could still consolidate. Having said that, it might be interesting to try to follow the pair during this week even on smaller time frames.
WEELY ANALYSIS (2019)
(Click on chart to study development)
![[BITCOIN] WEEKLY ANALYSIS](https://tradingview.sweetlogin.com/proxy-s3/a/ayLwc9Nl_mid.png)
DAILY ANALYSIS (2019)
(Click on chart to study development)
![[BITCOIN] BEARISH LEG?](https://tradingview.sweetlogin.com/proxy-s3/8/8t5yVee3_mid.png)
EW ANALYSIS (2019)
(Click on chart to study development)
![[BITCOIN] EW FORECAST](https://tradingview.sweetlogin.com/proxy-s3/k/KFI1SMQW_mid.png)
![[BITCOIN] EW ANALYSIS UPDATES](https://tradingview.sweetlogin.com/proxy-s3/5/5c4gtu2x_mid.png)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
After the pair reached all our bearish targets (see chart below), on weekly chart we saw a nice rally, and from our point of view it could still consolidate. Having said that, it might be interesting to try to follow the pair during this week even on smaller time frames.
WEELY ANALYSIS (2019)
(Click on chart to study development)
![[BITCOIN] WEEKLY ANALYSIS](https://tradingview.sweetlogin.com/proxy-s3/a/ayLwc9Nl_mid.png)
DAILY ANALYSIS (2019)
(Click on chart to study development)
![[BITCOIN] BEARISH LEG?](https://tradingview.sweetlogin.com/proxy-s3/8/8t5yVee3_mid.png)
EW ANALYSIS (2019)
(Click on chart to study development)
![[BITCOIN] EW FORECAST](https://tradingview.sweetlogin.com/proxy-s3/k/KFI1SMQW_mid.png)
![[BITCOIN] EW ANALYSIS UPDATES](https://tradingview.sweetlogin.com/proxy-s3/5/5c4gtu2x_mid.png)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.