4 Likely Scenarios for BTCUSD
When it comes to trading, I like being prepared for all likely scenarios.
Here I illustrated the most likely setups.
Scenario A: We get some further upside then bounce off the 10k resistance
Scenario B: We get upside, minor bounce off the 10K, then a break to the upside which then opens 11,000 long/buy side target
Scenario C: After bouncing off the 10k level, we remain bearish until we approach the 8500 approx level of support
Scenario D: After reaching 8500, we get a bounce off support which then develops into a temp bullish trend until further examination.
Here I illustrated the most likely setups.
Scenario A: We get some further upside then bounce off the 10k resistance
Scenario B: We get upside, minor bounce off the 10K, then a break to the upside which then opens 11,000 long/buy side target
Scenario C: After bouncing off the 10k level, we remain bearish until we approach the 8500 approx level of support
Scenario D: After reaching 8500, we get a bounce off support which then develops into a temp bullish trend until further examination.
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