BTC scenarios and ranges, possible reversal

14 de jan. de 2020

Possible reversal. Shorts below the red range fueling the rally to red range highs (and above?)

14 de jan. de 2020

Nota

If it breaks back down to the green range I think it will dump below the previous lows (6.5k) to at least 5.2k or around the 200 Weekly MA. If that fails we'll retest the lows.

14 de jan. de 2020

Nota

Just to add: the white boxes outside the green range represent a swing failure pattern used to fuel a move to the opposite direction and below/above the previous range high/low, trapping shorts and longs as it went forward