NOT AN INVESTMENT ADVICE!
Right now bitcoin brokeout the (kinda)major trend and we may say the bear is over.
However this might be a bull trap too. As you can clearly see there is a wycoff accumualiton pattern going on.
My main idea is; if you still have open orders you may close it or may not it depends on you.
We generally see when bitcoin goes horizontal...
NOT AN INVESMENT ADIVCE.
That s only an opinion i belive thats gonna work cuz of the current bitcoin situation and bitcoin still shows us a bearish elliot.
This is not an investment advice! Do not take advice from anyone !
In that 1H chart; we can clearly see bearish wedge. (rising wedge)
That trend based horizontal fib line is really critical
If volume crack/breakout happens (bearish) against the 0.618 line i expect 2.05$
not an investment advice! Do not take advice from anyone!
blue fib. (0.618) which is critical horizontal line.
If volume crack happens (bearish) against the 0.618 line i expect 2.05$
This is just brain storm not an advice!
Like if you are agree with my chart :)
