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69% Correction - 31% Upside continuation!

BITSTAMP:BTCUSD   ביטקוין
Greetings Everyone,

Let's talk about Bitcoin...

Many people are counting the diamond Top as a bullish continuation pattern.

The technical possibilities are 31% to break the upside and 69% downside.

Comparing the possible movement with VRVP we can see where the buy volume stands...

As I said many times in previous posts...

I am going to short #Bitcoin if we break below $27.530.

The upside channel is calling correction to the 23ks area and VRVP.

Your comments and a possible like in our TA, will be always appreciated.

I am waiting from you to discuss anything connected with cryptocurrencies and crypto industry. :)

Have everyone a nice day ahead!

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.