BTC could still move lower inside the green box (I actually expect that based on what volume and price action shows right now), but based on the 2017 fractal, the mid-term should be bullish. IF supply increases and goes below that green box, we could be seeing something totally different. So trade carefully with proper risk management.
If this level holds, targets are in the 16,000-17,000 range before some sideways movement.
If this level holds, targets are in the 16,000-17,000 range before some sideways movement.
Note
Fractal working like a charm - so far.
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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.