We would like to congratulate again all our subscribers with New Year 2019 and wish a great luck. Here is an update to our recent BTC analysis model
IHS pattern is about to be finished, it will happen when the price cross $4 170 level. Currently it goes straight and confidently to this point. At the most exchanges its value is $3 800 while at Bitfinex $3 900. EMA, SMA, MACD and Awesome oscillator are bullish, Hull Moving average is in buy state. Finishing of Inverted Head and Shoulders will pump the price upward to the $4 900 - 5 400 zone
The latest pattern is Bullish flag which helped to broke up from the wedge. Nevertheless in the short term there is not enough volume to make a strategic breakout.
Coming back to daily trade Alts are better today than the past days. There are a lot of opportunities to make profits and we will provide you with a lot of signals once we will finish our market research