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BTC - One last Bull-trap?
In addition to my previous posts, here a fractal idea.
- same structure of the waves.
- volume is nearly identical with 1.3k shares.
- monthly suggests more downside to come
- I consider this a safe bet.
- double top at crucial resistance (tradingview.com/chart/BTCUSD/AWlG5BFJ-Bitcoin-Turning-Point/)
- spx is facing heavy resistance.
- volume will be the key indicator. a breakout on high vol might suggest a bearish progression.
Happy trading!
- same structure of the waves.
- volume is nearly identical with 1.3k shares.
- monthly suggests more downside to come
- I consider this a safe bet.
- double top at crucial resistance (tradingview.com/chart/BTCUSD/AWlG5BFJ-Bitcoin-Turning-Point/)
- spx is facing heavy resistance.
- volume will be the key indicator. a breakout on high vol might suggest a bearish progression.
Happy trading!
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