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BTC LOW?We have all been waiting for the famous correction to 20k, however it has been difficult to consolidate the price, bitcoin is forming a bearish fractality similar to the previous one, we must be patient and wait for clear accounts, we cannot believe that it is the end of the bearish cycle just for a small green candle, we are in bad economic times, let's use reason and patience, let's be patient and we will earn more by looking at and confirming the best entries to the market, greetings to all.
by SaulBarr
We keep comparing fractals BTC 2019-2021 Last April I made a comparison of fractals towards a bear market and it was carried out, we currently see a recovery but how true can it be in the face of a bullish break? We can get to have a bulltrap and come back again and double-bottom in the 30k. Otherwise, we can break well and head towards the 44-48k level in case this is done in a good way, we could visit a double top or if we draw a fibonacci extension in the medium term, go towards 100k but in the case that not If it happens, we could head towards catastrophe and visit not only again as a triple floor at 30k, but 24k at the base of our canal.
BITSTAMP:BTCUSD
by HotChili
EUR AUD LF A SELL BUSCANDO VENTASI LOOKING FOR A REJECT AROUND 1.66000 IN A CONFLUENCE WITH CYCLES, ELLIOT AND MAYBE A HCH. WAIT FOR A CANDLE PATRON AND SELL IT. REMEMBER EVER RISK MANAGAMENT 1:2 MINIMUM (IF YOU GIVE THE CANDLE PATTERN AND ENTER IN SHORT TAKE THE FIRST BENEFITS AROUND TO 1.64000) ESTOY BUSCANDO ALGUN RECHAZO EN LA ZONA CERCA DEL 1.66000 QUE DARIA UNA CONFLUENCIA CON CICLOS Y ELLIOT ENTRANDO EN EL PUNTO B DE LA CORRECCION DE ELLIOT, ESPERO POR UN PATRON PARA VENDER Y TOMAR LOS PRIMEROS BENEFICIOS EN LA ZONA DEL 1.64000. RECUERDEN SIEMPRE GESTION DE RIESGO CON OPERACIONES DE 1:2 MINIMO.
Short
by SebastianViveros