PUMP or DUMP?
The question of when and how long the BTC will reach 20000 is causing a great deal of controversy in the crypto space. On 26 December 2020, the BTC reached the support level at support level 17146, after completing THE DOUBLE TOP in 19455. Closed short SELL BTC from 19444 to 17538 and then 16200 (-13%) and ETH from 623 to 513 and continue below the support level at 480(-12%) within 24h.
I personally do not know the exact date and time of the challenge of when the BTC should be 20,000 but my personal estimate is that this figure will be achieved before 2021 and it could be at the end of this month or the beginning of December 2020 at some point.
The pullback of Ethereum and Bitcoin is now completed. He has already reached the top of the support line after doing THE DOUBLE BOTTOM. BTC dropped to 16200 and ETH to 479. This morning the watchlist whether it was BTC or ETH was -9% performance, but as of this writing, it is -8% so far. The analysis still maintains the BUY ZONE even as the market goes down. The ETH is clearly moving above the support level as long as the BTC continues to pull back and correct the market.
Are you ready to BUY BTC and ETH again as soon as you see the Pull back into support bounce off? BUY BTC and ETH as well at the moment can be quite well thought out.
.My personal analysis still does not deviate from the ever-increasing trend.
So I decided to go BUY again.
ETH BUY LONG
ETH BUY 502, TP1 530. TP2 540, TP3 560
BTC BUY LONG
BTC BUY 16710, TP1 17485, TP2 17824, TP3 18250, SL 12182
Time frame: H1, H4
Indicators:
Trend: trendline, Fibonacci, Ichimoku.
Oscillators: RSI, Stochastic MACD.
I invite you to leave a comment below and give your own opinion about ETH and BTC price prediction.
