Bitcoins biggest correction to date? or a platform to 20k?
Updated
Sorry about the deleted TA from earlier
as i published last one it blew thru a hole lol
So again the bulls and bears fight over which way Bitcoin is headed, we can see a clear bounce from a major support level around high 12000's
most probably see a retest of this, and if breaks down headed toward the lower area's of the Gann Fan
seems like the top of bounce peaked at 14500 if it moves up out of the lines will consider a more bullish stance, otherwise we on course for a HUGE correction, could be days, weeks, xmas will throw in extra mix this year with all new popularity and 24/7 markets
if it does break down use the gann fan levels for rebuy areas, if not hold onto your as 22k is on the Xmas cards list....
if bitcoin goes below 9200, it will be serious down trend and bring a lot of the market with it, could be a BCH play/switch too, im not ruling that out
and with that have a very festive and merry period wherever u are or pray too, peace n love innit mate! (personally this year is all about Star Wars)
as i published last one it blew thru a hole lol
So again the bulls and bears fight over which way Bitcoin is headed, we can see a clear bounce from a major support level around high 12000's
most probably see a retest of this, and if breaks down headed toward the lower area's of the Gann Fan
seems like the top of bounce peaked at 14500 if it moves up out of the lines will consider a more bullish stance, otherwise we on course for a HUGE correction, could be days, weeks, xmas will throw in extra mix this year with all new popularity and 24/7 markets
if it does break down use the gann fan levels for rebuy areas, if not hold onto your as 22k is on the Xmas cards list....
if bitcoin goes below 9200, it will be serious down trend and bring a lot of the market with it, could be a BCH play/switch too, im not ruling that out
and with that have a very festive and merry period wherever u are or pray too, peace n love innit mate! (personally this year is all about Star Wars)
Trade active
Death cross on the 4hr Chart :)Trade closed manually
Recorrection is over, could be another one for a real testlets see what futures do with it tomorrow
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