I update the idea of fairy-tale flat, which, hopefully, will end by the end of the month.
Approximate flat limits 6000-6360. In the previous idea, I thought that coming out of the first fleet we will purposefully start the movement down. But no. We have purposefully come to the second fleet. Therefore, I decided to combine this consolidation in order not to make sharp movements when one of the flutes breaks. In the future, I expect to drop to 5500.
There are two ways to get to 5500:
1. Break the flat down now
2. go to the top of the flat and maybe even test the trend line (6460$), then go for 5500
Approximate flat limits 6000-6360. In the previous idea, I thought that coming out of the first fleet we will purposefully start the movement down. But no. We have purposefully come to the second fleet. Therefore, I decided to combine this consolidation in order not to make sharp movements when one of the flutes breaks. In the future, I expect to drop to 5500.
There are two ways to get to 5500:
1. Break the flat down now
2. go to the top of the flat and maybe even test the trend line (6460$), then go for 5500
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
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🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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.