[10/25] Beast Trading _ Today's Bitcoin Analysis
Beast Trading _ Today's Bitcoin Analysis
Last night, a drop occurred and left the rising parallel channel, which is currently located at the bottom of the channel without being raised up.
The most likely view at this point is the convergence view.
The transaction volume conditions (the transaction volume must gradually decrease within convergence) are also met, and the internal sofa movement seems to fall neatly to abc except for a wave among convergence abcde.
If convergence is correct, it is expected that the D-c drop will occur in the current section, where D-b has hit a 0.5 return of D-a, and if it goes to the bottom line of convergence, D-a and D-c will fall neatly at a 1:1 ratio.
The bottom line of convergence is likely to be about 18.9k, and the long profit and loss ratio looks quite good.
It would be good to set the break to 18.8k, which is judged to have broken the bottom line of convergence.
*The blue scenario in yesterday's analysis has not yet been scrapped, so you can just go up from where you are.
Therefore, it is not recommended for those who do not have a short position to force themselves to catch up.
Last night, a drop occurred and left the rising parallel channel, which is currently located at the bottom of the channel without being raised up.
The most likely view at this point is the convergence view.
The transaction volume conditions (the transaction volume must gradually decrease within convergence) are also met, and the internal sofa movement seems to fall neatly to abc except for a wave among convergence abcde.
If convergence is correct, it is expected that the D-c drop will occur in the current section, where D-b has hit a 0.5 return of D-a, and if it goes to the bottom line of convergence, D-a and D-c will fall neatly at a 1:1 ratio.
The bottom line of convergence is likely to be about 18.9k, and the long profit and loss ratio looks quite good.
It would be good to set the break to 18.8k, which is judged to have broken the bottom line of convergence.
*The blue scenario in yesterday's analysis has not yet been scrapped, so you can just go up from where you are.
Therefore, it is not recommended for those who do not have a short position to force themselves to catch up.