BITCOIN Easy Game Easy Life
Updated
HELLO TRADERS,
Previous forecast on point so far! Refer to related link down below.
Price action is currently completing a small regular / contracting correction which will be followed by an up move to the 10,650 / 10,900 range. After which, we will need to decide whether this is actually a slower & more prolonged start of the bigger impulse to the 12k region. OR, is it just forming a more complex correction pattern, in which we will actually head back down to re-test (and bounce on) the 9.8k zone before further up movement.
In my opinion, I think the down move back to 9.8k following the 10.8k retest is more likely than just a straight up move all the way to 12k.
Check out some of my other ideas posted under 'related ideas' down below.
If you like my work, don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
Previous forecast on point so far! Refer to related link down below.
Price action is currently completing a small regular / contracting correction which will be followed by an up move to the 10,650 / 10,900 range. After which, we will need to decide whether this is actually a slower & more prolonged start of the bigger impulse to the 12k region. OR, is it just forming a more complex correction pattern, in which we will actually head back down to re-test (and bounce on) the 9.8k zone before further up movement.
In my opinion, I think the down move back to 9.8k following the 10.8k retest is more likely than just a straight up move all the way to 12k.
Check out some of my other ideas posted under 'related ideas' down below.
If you like my work, don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
Note
It can go up from here guys, we keep bouncing on the same zone. It might end up being a contracting correction so just a heads up!Note
Price action kept stalling and never went up, the alts on the other hand took over. Anyways, I am expecting the up move to come here or after 1 more down move which would complete a WXYXZ. For now, I'm expecting a move to the trend line.
Note
Revised that chart, I think we will get the up move for now.Note
Going as planned so far!!
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.