Bitcoin / TetherUSShort
BTCUSDT - Long Term Prediction Based on Daily Chart (Log Chart)
Updated
Hey guys,
I have looked at the daily chart considering a longer term prediction.
That cheat sheet is designed by Richard Wyckoff, I guess a trader would know who he is.
So the way I see it, the daily chart fits his predictive cheat sheet. Weekly or even monthly fits better.
What I believe is that we're gonna see some more drops with BTC before the next mark up phase begins.
And that would be the area of 16K-20K in my opinion. This would also close the gaps on CME that BTC left behind during mark up phase.
Always DYOR! This is not a financial advise!
Cheers.
I have looked at the daily chart considering a longer term prediction.
That cheat sheet is designed by Richard Wyckoff, I guess a trader would know who he is.
So the way I see it, the daily chart fits his predictive cheat sheet. Weekly or even monthly fits better.
What I believe is that we're gonna see some more drops with BTC before the next mark up phase begins.
And that would be the area of 16K-20K in my opinion. This would also close the gaps on CME that BTC left behind during mark up phase.
Always DYOR! This is not a financial advise!
Cheers.
Note
I'm so sorry for those indicators there. I forgot to remove them before publishing this. And now I don't know how to remove. :)
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