BTCUSD / 100+ point drop
A rising wedge with a possible drop to 6421-6494 levels on 0.236fib is what i see in this TA. This observation is also backed by TA on smaller TFs. Remember, the support at 6400 is crucial for bitcoin to pump >7000. If not, we could see Inverse head & shoulders formation on daily candles if the the daily closes ~6200 (next support).
Comment your thoughts.
Comment your thoughts.
Note
Head & shoulders + bear flag on M15 / Note
There you go. Bitcoin below 6500 with bottom at 6440. Nice little profits. Do not forget to follow me on twitter. I share more real time updates there - twitter.com/Crypto_Brahma/status/1014281284250566656
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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.