Everyone has own vision and own picture of BTC-USD feature chart, here is mine.
Comment:
First reversal happened - follows chart line.
Trade active:
From 40K to 32K step.
Comment:
Triangle inside triangle - bulls vs bears.
For now - lowest point we got is around 34K.
2-3 days our range is 34K - 38.5K.
For now - lowest point we got is around 34K.
2-3 days our range is 34K - 38.5K.
Comment:
Whats going on inside big triangle - most possible scenarios
Comment:
Bitcoin did not find support at 35K and cross it - next support is around 33.5K, this is bottom line of our triangle.
Comment:
We are close to buy zone - some reverse signals appear, but not confirmed yet, one leg down still expected, for those who risky - buy zone from green to green point, stop-loss red point, next stop expected on 37K
Comment:
Good news BTC bounced from the bottom line of triangle - we go the top line.
Trade closed: stop reached:
Bad scenario happened - we go down , its a worst time to trade or keep any ALT coins also.
Comment:
Saving screenshot of result (old BTC chart)
