BTCUSDT - Long Term Prediction Based on Daily Chart (Log Chart)
Hey guys,
I have looked at the daily chart considering a longer term prediction.
That cheat sheet is designed by Richard Wyckoff, I guess a trader would know who he is.
So the way I see it, the daily chart fits his predictive cheat sheet. Weekly or even monthly fits better.
What I believe is that we're gonna see some more drops with BTC before the next mark up phase begins.
And that would be the area of 16K-20K in my opinion. This would also close the gaps on CME that BTC left behind during mark up phase.
Always DYOR! This is not a financial advise!
Cheers.
I have looked at the daily chart considering a longer term prediction.
That cheat sheet is designed by Richard Wyckoff, I guess a trader would know who he is.
So the way I see it, the daily chart fits his predictive cheat sheet. Weekly or even monthly fits better.
What I believe is that we're gonna see some more drops with BTC before the next mark up phase begins.
And that would be the area of 16K-20K in my opinion. This would also close the gaps on CME that BTC left behind during mark up phase.
Always DYOR! This is not a financial advise!
Cheers.
Comment:
I'm so sorry for those indicators there. I forgot to remove them before publishing this. And now I don't know how to remove. :)
