Position QHF 08.10.2018
The price of Bitcoin continues to narrow the range of volatility, forming a triangle in a triangle. We have identified on the chart zones of double Fibonacci levels, which are most of all under the price, rather than higher.
The edges of possible graphical formations are built.
Paying attention to these details - they made an action plan, which suggests another sharp drop in prices a little later from the level of 7000-7200, in order to scare those who buy Bitcoin intraday.
In the coming hours, a test level of 6500 is possible, followed by an increase in the price to 7000, from where we expect another correction within the larger triangle model.
The edges of possible graphical formations are built.
Paying attention to these details - they made an action plan, which suggests another sharp drop in prices a little later from the level of 7000-7200, in order to scare those who buy Bitcoin intraday.
In the coming hours, a test level of 6500 is possible, followed by an increase in the price to 7000, from where we expect another correction within the larger triangle model.
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