bitcoin double bottom ? lets see how this triangle plays out
Hello trader!
as you can see on the Daily chart i have drawn some line's :)
wel most of you are going to say " ok so your point is we can go up or down "...
my point is at thees price levels anything can happen ! i dont have a glass bowl that predicts the future im just here
to give you guys the probabilities for the future of BTC price!
my point of view
we are far away from a bull cycle , meaning we could easy go sideways for a month or 6 .
but this is my gameplan:
* if we break down the triangle we are going to retest the last LOW .
* if we break up BTC goes slowly up retracing to 618fibs and probably back down to retest the bottom because most of ppl are going to short at thees prices.
Pleas note: everthing here is my personal opinion , not financial advise
if you like this post give it thumps up ! thank you
as you can see on the Daily chart i have drawn some line's :)
wel most of you are going to say " ok so your point is we can go up or down "...
my point is at thees price levels anything can happen ! i dont have a glass bowl that predicts the future im just here
to give you guys the probabilities for the future of BTC price!
my point of view
we are far away from a bull cycle , meaning we could easy go sideways for a month or 6 .
but this is my gameplan:
* if we break down the triangle we are going to retest the last LOW .
* if we break up BTC goes slowly up retracing to 618fibs and probably back down to retest the bottom because most of ppl are going to short at thees prices.
Pleas note: everthing here is my personal opinion , not financial advise
if you like this post give it thumps up ! thank you
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