BTCUSDBitcoin - Spread Double Top Descending.
This is currently an increasing probability. Dec. 13-16th is the time area where this will be determined.
We would need to break the blue dotted trend line to further increase the odds of this senerio and probability solidification. While this scenario does have a likelihood of breaking the current trend .... The odds are apparently less likely that this scenario will be technically considered a "Double Top" and reach below
29K for a considerable amount of time, let alone any. I'll be posting more as I see a major bull pattern playing out that needs further analysis.
~Memento Mori
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S1,S2, & S3 Support Levels broken.Note
With Support Levels broken we're skating by a trend line support as depicted with blue dotted line.
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***FOR THE HOLDRS'
The (Sell If We Are Below This Line) blue line below the dotted is a place I'd sell if I were a Hodlr rarely selling/trading.
Any Lawyer Would Recommend Against Taking Financial Advice From A ChatBot.... And So Do I.
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Blue Dotted Trend Line Support Broken. We're now headed for an longer time resolution trend line as shown in Pink Line.
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Quick Trade On This Candle.
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New Lower Price For Next Entry. Will Try And Post.Note
Around $50-$51KNote
Next Move Planned.
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3.3%Note
Another 3 Fib. Support Levels plummeted through. I took a quick break and missed this one. Will need to wait for a return. $10K candle to the down. With a massive gap. Gap to be filled @ $48,600.
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Load New Bars feature is not available for Kagi, Renko, Line Break, PnF and Range charts.
-A Screenshot will surely do.
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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.