Hi Everybody,
I came back with the details on the orange triangle from the first post.
If it breaks up the orange triangle around January 21, then we have 2 scenarios.
1. It goes a little below the earlier ATH , not reaching ($40k-$41K) it and then is starts the bearish trend for long term repeating the history.
2. It breaks the rules again and continues the bull run over $50k until February .
If it breaks down the orange triangle, then it will be clear that we go down.
I added also another optimistic one, If we look at the Elliott Waves we can have an uptrend if it breaks and sets a new ATH.
Don't forget to hit Like button if you agree with my idea.
Disclaimer: I am not an analyst, do not throw stones at me, I am just sharing my thoughts.
Regards,
Razvan
I came back with the details on the orange triangle from the first post.
If it breaks up the orange triangle around January 21, then we have 2 scenarios.
1. It goes a little below the earlier ATH , not reaching ($40k-$41K) it and then is starts the bearish trend for long term repeating the history.
2. It breaks the rules again and continues the bull run over $50k until February .
If it breaks down the orange triangle, then it will be clear that we go down.
I added also another optimistic one, If we look at the Elliott Waves we can have an uptrend if it breaks and sets a new ATH.
Don't forget to hit Like button if you agree with my idea.
Disclaimer: I am not an analyst, do not throw stones at me, I am just sharing my thoughts.
Regards,
Razvan
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.