As u can see , the chart i published earlier followed the exact points , and reverse back from the line we draw . Now what ? Now the BTC probably will go to lower areas may be to the red line or slightly lower looking for bull wave or a resistance area to re-test the 36700 . but in General it will go up for a 2nd bull wave ( this for long time investors ) . u can...
BTC reverse back as a correction step to go up for higher levels , buy point as shown at the red line ,
As from this moment Btc is trying to penetrate the daily resistance with a bull wave grown up from 28k as a green candles , we can see clearly this is the 2nd attempt to penetrate the resistance at 39900 , but what we don't see clearly is the support level that has been formed with 4 candle which is an excellent point to buy btc now and sell at the resistance...
This is only a Technical analysis , it shows that the price of the Euro/Usd ariive to a resistence level and will fall , no volume profile was used , i hope it gets to the drawn points .. Please study the chart well and open a dell on your risk and money management , Thank you . If you have a comment please leave it in comments