This is the last update for BTC as per market changes.
I can for now expect that price will drop to the following zone "Marked by square to be the reflection zone. 8400 ~8760
I have analyzed many charts together. some are up and some are down.
I can expect that the price will move in the triangle until it's final point which will be great to enter and put another 2 buy orders in our buy zone @ 8400~8760
If the price broken the triangle from the middle either up or down and closed outside it. this analysis will be cancelled and i will post another scenario later
Stay tuned for updates
I can for now expect that price will drop to the following zone "Marked by square to be the reflection zone. 8400 ~8760
I have analyzed many charts together. some are up and some are down.
I can expect that the price will move in the triangle until it's final point which will be great to enter and put another 2 buy orders in our buy zone @ 8400~8760
If the price broken the triangle from the middle either up or down and closed outside it. this analysis will be cancelled and i will post another scenario later
Stay tuned for updates
Note
Can you see the power of the drawn triangle and how the price is following it?Note
Now the price got out of our triangle after many trials.So this analysis has ended and that is the new one
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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.