[08/20] Beast Trading _ Today's Bitcoin Analysis
Beast Trading _ Today's Bitcoin Analysis
I'm keeping the same perspective as I've told you so far.
In fact, it seems to have fallen very strongly in the form of a downward impulse, and it seems important whether the 20.7k low point is the end of 3-5 waves or the end of 5 waves is the end of the downward trend.
First of all, that 20.7k digit is an upward trend support line formed by connecting 17.6k and 18.9k lows, and once there, the decline has calmed down.
What you have to check from now on is whether it's over 21.7k by strengthening the rebound in the current position, or whether it's falling again after failing to get there.
If it exceeds 21.7k, it is likely that the short-term bottom will come out, and it will show a short-term rise until the entire fall pulse wave is over and the four-hour, six-hour, 12-hour, and 24-hour stocastic rises above interruption.
If you fail to exceed 21.7k and creep back down, look carefully at the blue trend line, and if that position breaks, you're expected to see a stronger drop as you renew your 20.7k low.
Please check the blue trend line and rebound value that I mentioned in the previous content and let's respond well!
I'm keeping the same perspective as I've told you so far.
In fact, it seems to have fallen very strongly in the form of a downward impulse, and it seems important whether the 20.7k low point is the end of 3-5 waves or the end of 5 waves is the end of the downward trend.
First of all, that 20.7k digit is an upward trend support line formed by connecting 17.6k and 18.9k lows, and once there, the decline has calmed down.
What you have to check from now on is whether it's over 21.7k by strengthening the rebound in the current position, or whether it's falling again after failing to get there.
If it exceeds 21.7k, it is likely that the short-term bottom will come out, and it will show a short-term rise until the entire fall pulse wave is over and the four-hour, six-hour, 12-hour, and 24-hour stocastic rises above interruption.
If you fail to exceed 21.7k and creep back down, look carefully at the blue trend line, and if that position breaks, you're expected to see a stronger drop as you renew your 20.7k low.
Please check the blue trend line and rebound value that I mentioned in the previous content and let's respond well!