BTCUSDT UPSIDE-DOWN IN A BEARISH DEMAND TO 53K
Good afternoon!
Updating the predicting. Short Is the condition for the next 24h.
As you can see BTC Is falling to the 53k Demand Zone before a new bullish movmnt.
After a validation of the 0.786 Fibonacci Retracement level we have a short-setup to a new phase of fall in tendance to go to the Demand Zone of the 53K region wich price action Is on conjuction w/ the Big M (Double Tops) chart pattern as you can ser descripted in the beat-selling book CHART PATTERNS: AFTER THE BUYING by the author BULKOWSKI, Thomas N.
Thanks for your attention. Have a nice profitable day trading!
Updating the predicting. Short Is the condition for the next 24h.
As you can see BTC Is falling to the 53k Demand Zone before a new bullish movmnt.
After a validation of the 0.786 Fibonacci Retracement level we have a short-setup to a new phase of fall in tendance to go to the Demand Zone of the 53K region wich price action Is on conjuction w/ the Big M (Double Tops) chart pattern as you can ser descripted in the beat-selling book CHART PATTERNS: AFTER THE BUYING by the author BULKOWSKI, Thomas N.
Thanks for your attention. Have a nice profitable day trading!
Nota
Hi traders! Is important appoints that the Big M Is in the daily time frame. We can expect re-breakout of the valley of the tops wich in a average rate, according metrics by BULKOWSKI, fall 17%. The region of the 53k Is a logical target in the price action, also validated by the Fibonacci Retracement short setup.Nota
The condition of overbought in the ESCGO_LB Oscillator Is a strong signal for a bearish term. Thais Oscillator Is a Ehler's adaptación of the stochastic RSI.
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