The 3 Scenarios for Bitcoin Right Now
Traders,
I'll cut to the chase. There are 3 probable scenarios for BTC price movement at this time. I'll go over least likely to most likely and why:
5:00 - Least likely: Break straight up and through our 30,500 resistance.
6:30 - Most likely: Drop to our Dec 21 TL, kiss it, and continue up again.
8:10 - Other possibility: Drop to our Dec 21 TL and break it. Fill the gap at 20k.
19:00 - Many altcoins are still showing a bear flag.
Stew
I'll cut to the chase. There are 3 probable scenarios for BTC price movement at this time. I'll go over least likely to most likely and why:
5:00 - Least likely: Break straight up and through our 30,500 resistance.
6:30 - Most likely: Drop to our Dec 21 TL, kiss it, and continue up again.
8:10 - Other possibility: Drop to our Dec 21 TL and break it. Fill the gap at 20k.
19:00 - Many altcoins are still showing a bear flag.
Stew
Stewdamus Trades -
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.