So here's my chart and opinion on BTC.
I see the chart still moving between its support & resistance.
This leads in an ABCDE type of correction. This type is still in play because of the 3-3-3-3-3 form is still intact.
I think we're going to see the D ($13.4ish) in a couple of days.
This is going to be a point to watch carefully. When the volume increases that much, an early breakout could be in play.
Personally I will sell 60% of my btc at point D when I see the MACD crossover and RSI overbought.
If this trend reversal is in play and the reversal is confirmed by my indicators we easlily could see a point E ($8400-6700ish).
Remember: BTC goes his own way. He does not care about TA. But this is from my opinion the most likely scenario.
HAPPY TRADING #LOVE
I see the chart still moving between its support & resistance.
This leads in an ABCDE type of correction. This type is still in play because of the 3-3-3-3-3 form is still intact.
I think we're going to see the D ($13.4ish) in a couple of days.
This is going to be a point to watch carefully. When the volume increases that much, an early breakout could be in play.
Personally I will sell 60% of my btc at point D when I see the MACD crossover and RSI overbought.
If this trend reversal is in play and the reversal is confirmed by my indicators we easlily could see a point E ($8400-6700ish).
Remember: BTC goes his own way. He does not care about TA. But this is from my opinion the most likely scenario.
HAPPY TRADING #LOVE
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.