BTC Bullishly Anticipating 22,250-750
On this daily chart the white rectange is the size of the entire percentage range of this local 30k top area. By doubling this range to the bottom side 50% of the range is perfectly centered in the golden pocket .5-.618 area when measuring from the swing low around 15k to swing high around 30k.
The current down ward curvature of the price action still has a little room for another potential drop and this would put price around 22500-750 and ready for a nice rally.
At the same time there is still a potential for a brake out to the upside for a possilble large and slow right shoulder but becoming less likely the long time goes on.
Trade Well....
The current down ward curvature of the price action still has a little room for another potential drop and this would put price around 22500-750 and ready for a nice rally.
At the same time there is still a potential for a brake out to the upside for a possilble large and slow right shoulder but becoming less likely the long time goes on.
Trade Well....
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