BTC price goes down further?
Updated
In the previous Idea that I posted shows quite similar moving of the BTC price. :)
Here, I posted another prediction of BTC price movement updates.
1. A bit enlarged inverted cup and handle pattern compared to the previous one is possible (yellow)
2. Still in Descending channel (white, mid-long term)
3. Short-mid term descending channel is going on
Lower Low movements is still going on, therefore, I guess 1 more lower price hit and it might prepare to go up, possibly after mid Oct at least.
Still my target for short position is $7680 (actually $7665 and will open Long pos further below).
Here, I posted another prediction of BTC price movement updates.
1. A bit enlarged inverted cup and handle pattern compared to the previous one is possible (yellow)
2. Still in Descending channel (white, mid-long term)
3. Short-mid term descending channel is going on
Lower Low movements is still going on, therefore, I guess 1 more lower price hit and it might prepare to go up, possibly after mid Oct at least.
Still my target for short position is $7680 (actually $7665 and will open Long pos further below).
Note
I have set my stop loss to 8350, yet the target is 7680.
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