BTC sideways then down
Lately I have taken to drawing curves on my charts to visualize the boundaries of the price action. It also helps me set buys and sells.
Here I have noticed that BTC is beginning to repeat similar price action from the previous level it was on. If history repeats itself, we will get four sideways humps and then a drop to a lower level. This is just a theory, so let's see what happens.
Also note the ascending megaphone pattern. That usually breaks down. There is nothing super obvious telling me that the correction is over yet.
Here I have noticed that BTC is beginning to repeat similar price action from the previous level it was on. If history repeats itself, we will get four sideways humps and then a drop to a lower level. This is just a theory, so let's see what happens.
Also note the ascending megaphone pattern. That usually breaks down. There is nothing super obvious telling me that the correction is over yet.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.