Currently, we can see a nice market structure of BANK after a correction along 7 months.
as we can see, there is a potential reversing pattern "Falling Wedge" and also followed by "Double Bottom".
If its breakout with huge volume it would be a great chance for BANK to continuing of its bullish trend.
Overall BANK is still on Bullish outlook.
Note for All...
At this time, we have a great opportunity to take entry set up for ADMR which has continuation pattern and its already breakout with huge volume.
we're not just analyse only with technical analysis.
Talks about fundamental, price of commodities are increasing right now during what's just happened between russia and ukraina.
Such as gold, oil, coal, etc.
Note...
Currently, we're actually on bias market.
Some of us didn't have no idea what is going on about crypto market.
And to be honest, i cant say it's a bear market or even bull market.
But, this is my outlook which BTC has hit wave 5 by elliot wave. In a short time BTC has potential to correction from the impulsive wave.
TARGET MINIMUM AROUND 46k-50k.
The price action actually happened now has potential to hit arround 42K.
The reason Why it has big potential to happen is :
1. lower shadow not closed yet, so there is a gap
2. has a similar price action, making falling wedge --> breakout --> dump (falsebreak)
3. elliot wave now is going to wave 5 which the target is 1,272 fibonacci level
The analysis may...
