it is obvious that the main direction is downward, a probable reversal pivot on the purple bermuda level could be expected but befor that it should eat the tiny one minute red bermuda on 28.5k
predicting which level could be our reversal pivot needs to know how much level has eaten from last downward movement. unfortunately I don't have enough data to find low time frame(less than H1) levels from past ...
strength of each level depends on its time frame. till we have bunch of purple levels on 46k, I'm sure about downward trend...
I think probability of path 1 > path 2 > path 3 > path 4
they are going to break the low ( 26.7k ) but each path could have own final destination ...
predicting which level could be our reversal pivot needs to know how much level has eaten from last downward movement. unfortunately I don't have enough data to find low time frame(less than H1) levels from past ...
strength of each level depends on its time frame. till we have bunch of purple levels on 46k, I'm sure about downward trend...
I think probability of path 1 > path 2 > path 3 > path 4
they are going to break the low ( 26.7k ) but each path could have own final destination ...
Giao dịch đang hoạt động:
as I mentioned before, bitcoin should eat the tiny bermuda on 28.5k
so it created a liquidity with 4 bottom on 28.6K and hunted sellers...
so BTC is ready for climb up to complete one of the 4 path I have drawn ...
so it created a liquidity with 4 bottom on 28.6K and hunted sellers...
so BTC is ready for climb up to complete one of the 4 path I have drawn ...
