Question:
Teacher Quan: May I ask if we follow the harmonic chart, then the chart for vdv fails at the 89th minute, right, whoever is short at 12k is going to fight their ancestors?
Answer:
When the market is showing signs of decline, all high buyers who expect the price to return to a certain area will exit, it will happen 2 cases.
Case 1: Usually it will go sideways for about 3 to 7 days and then fall further because fear is covering the whole market
Case 2: The selling when the price increases, in contrast, is the condition that pushes the price up again. Usually a 2 vertex pattern is created. That means once again the price of BTC reached the 12k zone.
Here we are forced to make a choice. if btc break the previous peak it will follow the harmonic up to about 16k in that time frame.
On the contrary you will experience a strong sell-off at the 0.5 to 0.7 Fibonacci retracement of the 12k5 to 9880 measurement that push the BTC price down further.
Good luck and safe trade.
Do Quan.
Teacher Quan: May I ask if we follow the harmonic chart, then the chart for vdv fails at the 89th minute, right, whoever is short at 12k is going to fight their ancestors?
Answer:
When the market is showing signs of decline, all high buyers who expect the price to return to a certain area will exit, it will happen 2 cases.
Case 1: Usually it will go sideways for about 3 to 7 days and then fall further because fear is covering the whole market
Case 2: The selling when the price increases, in contrast, is the condition that pushes the price up again. Usually a 2 vertex pattern is created. That means once again the price of BTC reached the 12k zone.
Here we are forced to make a choice. if btc break the previous peak it will follow the harmonic up to about 16k in that time frame.
On the contrary you will experience a strong sell-off at the 0.5 to 0.7 Fibonacci retracement of the 12k5 to 9880 measurement that push the BTC price down further.
Good luck and safe trade.
Do Quan.
Ghi chú
H&S chart
Ghi chú
Harmonic chart
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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.