Bitcoin – decision awaiting…
Hello everyone,
periods of no movements are dangerous, because they are mostly followed by unexpected strong movements! BTC is in such a period now – sideways with no decisions.
I think the most likely movement will be a sell-off down to the region between 4.850$ and 3.200$. A perfect landing and turn around would be 4.335$.
I have adapted my count: huge 1-2 setup from all-time-high to the expected turning point with a ending triangle, as you can see in the chart above.
Surely, there is a possibility that btc will break out now or crashes down to 2.000$, but this I do not expect.
Be careful now – decision in front! Hopefully as expected, because that level would be a perfect entry point for a strong uptrend (in the first move up to 9.990$).
Please leave a comment or a message, if you have any questions!
Take care
tgo
periods of no movements are dangerous, because they are mostly followed by unexpected strong movements! BTC is in such a period now – sideways with no decisions.
I think the most likely movement will be a sell-off down to the region between 4.850$ and 3.200$. A perfect landing and turn around would be 4.335$.
I have adapted my count: huge 1-2 setup from all-time-high to the expected turning point with a ending triangle, as you can see in the chart above.
Surely, there is a possibility that btc will break out now or crashes down to 2.000$, but this I do not expect.
Be careful now – decision in front! Hopefully as expected, because that level would be a perfect entry point for a strong uptrend (in the first move up to 9.990$).
Please leave a comment or a message, if you have any questions!
Take care
tgo
HK-Capital-Management
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.