BTC is repeating the history???
As you can see in the chart, BTC is going in an exact same path as the past!!!
Starts with a slow decline, then a big drop, then consolidates with a flag, hits the down trend and breaks down, hits a strong support twice in a short time then bounces back up a bit, fake out of the down trend but fails to make a real break out, then drops back into the down trend (currently it's in this step), breaks support and finally hit the bottom.
Will the history repeat???
Starts with a slow decline, then a big drop, then consolidates with a flag, hits the down trend and breaks down, hits a strong support twice in a short time then bounces back up a bit, fake out of the down trend but fails to make a real break out, then drops back into the down trend (currently it's in this step), breaks support and finally hit the bottom.
Will the history repeat???
Nota
This might still be valid. I may have mistakenly identify the circled fake out, it could be the last (bigger) bull trap rather than the one that I circled.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.