You can see that the fractal is constantly repeating.
The direction will soon be determined.
If the price does not exceed 7280, it is likely to fall again.
Let's see...
The direction will soon be determined.
If the price does not exceed 7280, it is likely to fall again.
Let's see...
Note
Drop again!Note
Short Entry: 6500ish or 6800ish
Note
It is still moving within the fractal.
Note
It couldn't break 6650.
So, what's next?
Note
It will go down again.
Note
Now we can see BTC is forming bearish flag.
Note
At the moment, I think 7100~7300 is VERY STRONG RESITANCE. If this resistance breaks through, my idea will be totally invalidated.
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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.