Will btc touch 17K Zone by tomorrow?
Every thing is CLEAR on the chart
from OCT we had a trend between 19000 to 19400 which got thinner by TIME
We had a real uptrend to 20200 Zone which could not break the res and we retested 19200 support again
another FAKE uptrend to 19900 and retested the 19200 again ! ( The lost support )
What i expect is an uptrend to 19500 ZONE (Very small chance) before 17K OR with out it we go directly to 17K ZONE !
To me the risk VS reward is great so i short BTC From now with small leverage with STOP LOSS of 19340
So to me retesting the 20200 zone before the big drop is not a good idea (we already done this before in this month)
*ALWAYS DO YOUR OWN RESEARCHES - MARKET IS NOT PREDICTABLE*
from OCT we had a trend between 19000 to 19400 which got thinner by TIME
We had a real uptrend to 20200 Zone which could not break the res and we retested 19200 support again
another FAKE uptrend to 19900 and retested the 19200 again ! ( The lost support )
What i expect is an uptrend to 19500 ZONE (Very small chance) before 17K OR with out it we go directly to 17K ZONE !
To me the risk VS reward is great so i short BTC From now with small leverage with STOP LOSS of 19340
So to me retesting the 20200 zone before the big drop is not a good idea (we already done this before in this month)
*ALWAYS DO YOUR OWN RESEARCHES - MARKET IS NOT PREDICTABLE*
NOW ITS BETWEEN >
19600 ( which invalidated my idea for couple of days )
OR
18900 which say welcome to 17 K ZONE !