IT'S NOT FINANCIAL ADVICE.
IT'S JUST A SCHEMATIC OF A MOVEMENT.
I WANNA SHARE MY IDEA WITH YOU TO KNOW WHAT YOU THINK !!!!
SO, LET'S GO, GUYS,
As you see, we have 4 Boxes. In the First box that I draw, the blue box is a base that pushes the price to drop (red box).
in Red box, we have a collective base that we call the double bottom, and the price runs to the top (Yellow box)
in the Yellow box, we have two different reactions. in the first price entered the blue box and active fresh sell order and then moved down and after that price entered the red box and the price acted fresh Buy order. it's related to pumping the price and finally, we have a red box, in the red box we see a classic pattern. we called it a bullish wedge and the consequence of this reaction related to dumping the price in the ellipsoid zone.
This fractal is repeating itself...
4 boxes are shown in the chart. Blue box, red, yellow, and finally red box.
the is a difference between this movement. I want to explain more to show something strange to you.
in the yellow box, a fresh sell order is activated, but fresh buy orders are not active yet and which means that this yellow zone (around 20K)could not rescue the price if the price touches it. I expect BTC to drop more to the below support zone.
The first support zone is: 9800-12500
The second support zone is: 7500-8500
The third support zone is: 3800-4300
I don't want to say BTC drops to 4K. I want to show you the strongest support zone and if the price close below the first support zone in two days by a huge candle and high volume, the next support zone will be active.
that's all. please tell me what you think.
are you agree with me?
Please share this analysis with your friends and write below, what your idea is about the next BTC Movement.
Thank you so much in advance.
IT'S JUST A SCHEMATIC OF A MOVEMENT.
I WANNA SHARE MY IDEA WITH YOU TO KNOW WHAT YOU THINK !!!!
SO, LET'S GO, GUYS,
As you see, we have 4 Boxes. In the First box that I draw, the blue box is a base that pushes the price to drop (red box).
in Red box, we have a collective base that we call the double bottom, and the price runs to the top (Yellow box)
in the Yellow box, we have two different reactions. in the first price entered the blue box and active fresh sell order and then moved down and after that price entered the red box and the price acted fresh Buy order. it's related to pumping the price and finally, we have a red box, in the red box we see a classic pattern. we called it a bullish wedge and the consequence of this reaction related to dumping the price in the ellipsoid zone.
This fractal is repeating itself...
4 boxes are shown in the chart. Blue box, red, yellow, and finally red box.
the is a difference between this movement. I want to explain more to show something strange to you.
in the yellow box, a fresh sell order is activated, but fresh buy orders are not active yet and which means that this yellow zone (around 20K)could not rescue the price if the price touches it. I expect BTC to drop more to the below support zone.
The first support zone is: 9800-12500
The second support zone is: 7500-8500
The third support zone is: 3800-4300
I don't want to say BTC drops to 4K. I want to show you the strongest support zone and if the price close below the first support zone in two days by a huge candle and high volume, the next support zone will be active.
that's all. please tell me what you think.
are you agree with me?
Please share this analysis with your friends and write below, what your idea is about the next BTC Movement.
Thank you so much in advance.