BTC - 30K Channel - Ichimoku and Head & Shoulders

By aqayesalehi
Updated
Read the Previous shared idea's caption...
Ichimoku analysis added and this is an agree for the prev idea to BTC's Drop
Comment
in the past market weekly time frame you see after touching the upper line of the green komu cloud and failing to break it And then we saw a sharp and horrible drop of bitcoin in 10 FEB to 9 MAR, which is in the weekly time frame, we saw a 63% drop.
snapshot

______________________________________________________________________
Comment
And then in this recent drop in daily timeframe, we saw a collision with the top line of the green cloud, a 50% drop from 65,000 to 30,000, exactly according to the market past.
snapshot

Note that this happens at lower timeframes with less fallout than at higher timeframes
aqayesalehiBitcoin (Cryptocurrency)BTCHead and ShouldersTechnical IndicatorsTrend Analysis

Related publications

Disclaimer