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BTC has to go down to keep up with trend
Hi guys, I am happy that my previous prediction played out very well. This is how I see where price is going from here onward.
There is an obvious downtrend for BTC. By matching this period trend with previous period trend, we have to drop by about 9.35%. That is my target.
If this target is achieved, we can confirm a descending triangle. Then we will see a retest of the upper resistance line of the triangle, before coming down.
One advice from me: 200 MA works like a beast. It is a simple strategy to earn money. Just use it if you are struggling on consistency.
There is an obvious downtrend for BTC. By matching this period trend with previous period trend, we have to drop by about 9.35%. That is my target.
If this target is achieved, we can confirm a descending triangle. Then we will see a retest of the upper resistance line of the triangle, before coming down.
One advice from me: 200 MA works like a beast. It is a simple strategy to earn money. Just use it if you are struggling on consistency.
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