Short
BTC Down to About 23 24k ?? Scary analysis For BTC!!!
As You All Know We have 3 Type of Gap. Breakway , Runaway And Exhaustion Gap. usualy Traders after seeing Breakaway Gap Wait For 2 Other Gaps.Like Before At 14 Dec 2020 We Break Falling wedge Classick Pattern With Breakaway Gap And after That At 25 Dec Second Gap Show And it tell us we Continue our Bullish Trends.After a long Long Bullish Trend At 9April 2021 We Saw Exhaustion Gap And Our Bullish Trend Has Ended . We start Bearish Trend With Breakaway Gap At 20 April 2021 and we start bearish trend . at 17 May Our Bearish Trend has Confirm for Continue bearish Trend With Runaway Gap . After 3 4 Month Bearish Trend We Had Exhaustion Gap At 21 June 2021 . after a little side way trend We Had Break away Gap at 23 July 2021 Now we Need 2 Other Gaps, One is Continue Trend And The Other Said IS Done and Its end of Trend . So Did happend we Have Runaway Gap At 9 Aguest 2021 and we saw Exhaustion Gap at 6 Sep 2021. Now what next ? If u draw Fib Retrecment from HH 64k to LL 28461 We Are In 0.618 Retrecment Fib ! LH Also Confirmed And We Move For LL at 0.-13 Fib Retrecment in 23750 . i know its Scary but its Fact . IF we Lost 40k Support we can see easily 32k . Dont Forget, Market Start a Bullish Trend with No body and Reverse it start Bearish Trend Alone. Whenever U Sell That time For Buying and Whenever u Buy Anything u should know its time to sell.
Decide against the general public, but never against the General Trend direction.
its Not Financial Advice its Just Simple Analysis and it may no Work Anyway!
But u Should to see FACT ;)
Decide against the general public, but never against the General Trend direction.
its Not Financial Advice its Just Simple Analysis and it may no Work Anyway!
But u Should to see FACT ;)
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