BTCUSD - My vision its triangle

By Alexander_Ag

Updated

Everyone has own vision and own picture of BTC-USD feature chart, here is mine.

Note

First reversal happened - follows chart line.

Trade active

From 40K to 32K step.

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Triangle inside triangle - bulls vs bears.
For now - lowest point we got is around 34K.
2-3 days our range is 34K - 38.5K.

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Whats going on inside big triangle - most possible scenarios

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Bitcoin did not find support at 35K and cross it - next support is around 33.5K, this is bottom line of our triangle.

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We are close to buy zone - some reverse signals appear, but not confirmed yet, one leg down still expected, for those who risky - buy zone from green to green point, stop-loss red point, next stop expected on 37K

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Good news BTC bounced from the bottom line of triangle - we go the top line.

Trade closed: stop reached

Bad scenario happened - we go down , its a worst time to trade or keep any ALT coins also.

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Saving screenshot of result (old BTC chart)

Alexander_Ag

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