BTC did not take the new high to 14K as anticipated earlier. It went down and poked the lower end of triangle.
Path 1 (green):
5+3+5 EW, bouncing top and bottom of triangle before we break out and move towards new highs.
Path 2 (purple):
5 (already happened)+3+5 EW, moving to new lows around $7K before racing towards new highs.
Believe that CBOE Long position has a significant importance, but it can turn out to have the opposide affect, and BTC will go down new lows around $3K.
Make sure to have your stops in place.
Path 1 (green):
5+3+5 EW, bouncing top and bottom of triangle before we break out and move towards new highs.
Path 2 (purple):
5 (already happened)+3+5 EW, moving to new lows around $7K before racing towards new highs.
Believe that CBOE Long position has a significant importance, but it can turn out to have the opposide affect, and BTC will go down new lows around $3K.
Make sure to have your stops in place.
Nota
And with EW instead of drawings. Nota
Looks like that so far...
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.
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.