BTCUSDT Analysis (ALL POSSIBLE MIDTERM SCENARIOS ON ONE CHART)
Updated
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Everything on the chart.
As you can see, regardless of where the price goes locally, in the medium term, in any case, the goal is to test the upper border of the globally triangle (this is the main scenario that I adhere to).
What about me? Locally, of course, I would like to see the orange scenario with 55k test, and there will be a fork,
if will be consolidation above 55k, it means that we are going to test the upper border,
if not, then there will be another local decline in the region of 40-37k and only then growth, what option will be - time will tell, im just wait and hold my positions.
Fixing the daily candle below 45k will send the price to the 40k area, or maybe even 37k - then growth.
Fixing the daily candle above 55k will send the price to the 60k area - then down.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Please support my work by clicking the LIKE button👍(If you liked).Thank you!
Everything on the chart.
As you can see, regardless of where the price goes locally, in the medium term, in any case, the goal is to test the upper border of the globally triangle (this is the main scenario that I adhere to).
What about me? Locally, of course, I would like to see the orange scenario with 55k test, and there will be a fork,
if will be consolidation above 55k, it means that we are going to test the upper border,
if not, then there will be another local decline in the region of 40-37k and only then growth, what option will be - time will tell, im just wait and hold my positions.
Fixing the daily candle below 45k will send the price to the 40k area, or maybe even 37k - then growth.
Fixing the daily candle above 55k will send the price to the 60k area - then down.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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potential inverse H&SNote
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