We bounced off trendline back down and broke the rising wedge. This should lead to a drop back to 3200, potentially revisiting bottom below 3000
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Ideal entry would be 3985
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I adjusted the lines of the wedge a bit, check it
Target would be 3250
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www.trustnodes.com/2...ners-preparing-worst
Things are getting ugly, china ban might be total.
Wsj also suggests all bitcoin transactions are no illegal and that the gov. will block blockchain sync
Things are getting ugly, china ban might be total.
Wsj also suggests all bitcoin transactions are no illegal and that the gov. will block blockchain sync
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4055 is a key level in the next hours
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I like this fractal. Could play out.
As the wedge points down to 3250, closing at 3475 could be a good idea.
By the way, more doom rumours
twitter.com/bitcom21...s/910579544897200128
China could potentially "kill" mining by either completely banning any form of crypto-fiat trading or even by seizure of mines
As the wedge points down to 3250, closing at 3475 could be a good idea.
By the way, more doom rumours
twitter.com/bitcom21...s/910579544897200128
China could potentially "kill" mining by either completely banning any form of crypto-fiat trading or even by seizure of mines
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We are breaking the support, if we finally break it, 3475-3500 should happen real fast.
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Potential bear flag pointing to 3475 support
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We are on our way to target 1, should happen in the next hours
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3814 level held and we are heading down again
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Potential and most likely scenario
