Last couple of days we had a possibility to see power from both - bulls and bears (blue circles). I've seen a lot of arguments if we are bullish or bearish and actually I feel that bitcoin is playing two games - one is bullish and another is bearish and that just thanks to moving in both channels. If we wouldn't have that push from down channel we could be sure - we are bearish. BUT we broke that lower highs trend a we pushed that above last lower high - making higher high.
The more time I spend watching graphs more uncertainty I feel. So for now I'm out of market and I am letting BTC to decide which channel it actually stand for and which way will chose for next short term play.
Bullish: Target 7680-8000
Bearish Target: 6200-5800 may be lower to 4K
For long term play I still think it's rational to go back to liquidity zone under 5800ish region for next bullrun.
The more time I spend watching graphs more uncertainty I feel. So for now I'm out of market and I am letting BTC to decide which channel it actually stand for and which way will chose for next short term play.
Bullish: Target 7680-8000
Bearish Target: 6200-5800 may be lower to 4K
For long term play I still think it's rational to go back to liquidity zone under 5800ish region for next bullrun.
Nota
Follow me on twitter: @realMarketMagNota
For those who following this idea. I modified channels and we've made a lower high which is nice bearish sign. I'm out of market for me this is kinda risky.Keep eyes on this triangle. There will be made a decision if we go to 5,8K or 8K.
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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.
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.