Following up my previous idea (below) this is the next one after breaking down the bearish wedge to the support of the big triangle we're in. This big one will end in a big up or big down after BAKKT (bitcoin futures) goes live on sept 23th.
Right now we're again in a bearflag so big chance to break down again to that lower support (red line) of big triangle. After a touch we'll see 70% a big bounche from here. If it breaks we'll see 9800 levels soon.
This red line is also a bullish long term trend line (that idea below)
Right now we're again in a bearflag so big chance to break down again to that lower support (red line) of big triangle. After a touch we'll see 70% a big bounche from here. If it breaks we'll see 9800 levels soon.
This red line is also a bullish long term trend line (that idea below)
Note
previous idea
Note
idea with that red line (multi year support)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.