BTC -> SMA+ three drives pattern+ trend
Updated
I have compared SMA HI 20, three drives pattern and few trend lines.
As we can see SMA stays in the down (blue) trend channel and shows price of ~4120$, 4120$ is also a Hi of a 3th drive.
If all things will go as expected, todays hi will be ~4120$ and will be going down to the 1st (purple) or 2nd (green) trend line in next days/weeks.
2. If BTC will breake the blue downwards trend line i expect Red Arrow scenario to happen.
As we can see SMA stays in the down (blue) trend channel and shows price of ~4120$, 4120$ is also a Hi of a 3th drive.
If all things will go as expected, todays hi will be ~4120$ and will be going down to the 1st (purple) or 2nd (green) trend line in next days/weeks.
2. If BTC will breake the blue downwards trend line i expect Red Arrow scenario to happen.
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Todays HI for BTC : 4100.00$ Preety good guess by myself. ;)
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