BTC Correction?!
We Are Looking At BTC On A Daily Time Frame
Re-Accumulation Or Distribution?
I Think It's The Latter.
BTC Is Preparing For A Massive Move. We Are Seeing A Prolonged Sideway Movement
Fib retracement to .618 pointing to 26k BTC (-24% From Current Level)
We All Know -20%+ Can Happen On Crypto Market At Any Given Time.
-Testing Bollinger Band And Symmetrical Triangle Support Levels
Strengths:
Still Respecting Symmetrical Triangle
-Higher Lows -> Breaking Down The Trend Will Most Likely Lead To Our Target
-Still Above 200 MA
LET ME KNOW WHAT YOU THINK! 🧐
I Try To Make Things Simple For You To Understand :)
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to REQUEST CHART ANALYSIS at Anytime! Simply Comment Down Below or DM Me :)
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⚠ DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
Re-Accumulation Or Distribution?
I Think It's The Latter.
BTC Is Preparing For A Massive Move. We Are Seeing A Prolonged Sideway Movement
Fib retracement to .618 pointing to 26k BTC (-24% From Current Level)
We All Know -20%+ Can Happen On Crypto Market At Any Given Time.
-Testing Bollinger Band And Symmetrical Triangle Support Levels
Strengths:
Still Respecting Symmetrical Triangle
-Higher Lows -> Breaking Down The Trend Will Most Likely Lead To Our Target
-Still Above 200 MA
LET ME KNOW WHAT YOU THINK! 🧐
I Try To Make Things Simple For You To Understand :)
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to REQUEST CHART ANALYSIS at Anytime! Simply Comment Down Below or DM Me :)
````````````````````````````````````
⚠ DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
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.
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.