Two very different scenarios
Updated
BTC has now reached a critical threshold point.
Since the saying goes "the trend is your friend' then the bear scenario has the better probability...However...A big W is also forming if we have a break above 7.5k...
Since the saying goes "the trend is your friend' then the bear scenario has the better probability...However...A big W is also forming if we have a break above 7.5k...
Note
Again a great call with a huge breakout after prices passed 7500! The starting target for this breakout is still 8500.
Trade closed: target reached
Congrats on all who stuck with me. We have reached the target of 8500 after everyone was telling me I was wrong..I will be enjoying my profits with a glass of wine.
Give me a thumbs up if you want more TA!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.