Hi All,
Just sharing some knowledge about this current structure.
This lines up perfect with the wyckoff accumulation and re-accumulation structures.
One is a reversal and the other is a continuation formation.
At this point, we cannot know.
Hence why this is the difficult stage. for BTC.
Double top or 618 rejection area (pretty much the same as Dtop).
Note the neckline is critical level to get out.
If we lose this, we are headed to 15k
What is next?
Next week will determine the whole market direction with the likes of tech companies reporting profits\losses and the QE FED CPI meet.
2 targets based on how you apply the fibonacci and one equates to double top.
The other, 25k as the next target.
All the best,
S.SAri
Just sharing some knowledge about this current structure.
This lines up perfect with the wyckoff accumulation and re-accumulation structures.
One is a reversal and the other is a continuation formation.
At this point, we cannot know.
Hence why this is the difficult stage. for BTC.
Double top or 618 rejection area (pretty much the same as Dtop).
Note the neckline is critical level to get out.
If we lose this, we are headed to 15k
What is next?
Next week will determine the whole market direction with the likes of tech companies reporting profits\losses and the QE FED CPI meet.
2 targets based on how you apply the fibonacci and one equates to double top.
The other, 25k as the next target.
All the best,
S.SAri
Nota
Dagangan aktif
Nota
Dagangan ditutup: sasaran tercapai
in our Telegram group, I did change my mind about the potential support at the 618 fib level, which worked out well for a bullish bounce,Still below the resistance TL
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.