I have two possible playouts here, that I am looking and preparing for.
Option A - We either bounce off the mid-point of the current downwards Parallel channel, and start ranging between the two channels shown, before breaking to the upside - This would be confirmation for me, of a bullish play and change of structure.
Option B - We continue the pattern that has been in play since March, continuing the downwards parallel channel.
Option C - Not shown, but breaking below the channel, and going further lower - Doom and gloom BTC...
These are my predicted plays, that I am watching, and will update once I have confirmation of the next move from BTC.
Option A - We either bounce off the mid-point of the current downwards Parallel channel, and start ranging between the two channels shown, before breaking to the upside - This would be confirmation for me, of a bullish play and change of structure.
Option B - We continue the pattern that has been in play since March, continuing the downwards parallel channel.
Option C - Not shown, but breaking below the channel, and going further lower - Doom and gloom BTC...
These are my predicted plays, that I am watching, and will update once I have confirmation of the next move from BTC.
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.