BTC on a weekly frame
So some of you might think that I'm crazy but I'm posting this anyway, I can see three options,
first one (Yellow) : we will do a re-test from here to the support area 40-44K then the price will drop to the below supports.
Second (white) : we will touch the support 28-30 then re-test the 40-44K area, after that it will fall again.
Third (Blue): it will drop to 28-30K directly then a re-test to 36-37K then drop again.
from my point of view: any price uprising in the upcoming weeks or days will be a possible way to sell not to buy more.
this analysis would fail if we had a weekly close above 44500 with a good volume .
I mentioned that BTC and ETH will drop since long time ago you can see the old ideas mentioned below.
Note: this is a weekly frame so it needs time.
first one (Yellow) : we will do a re-test from here to the support area 40-44K then the price will drop to the below supports.
Second (white) : we will touch the support 28-30 then re-test the 40-44K area, after that it will fall again.
Third (Blue): it will drop to 28-30K directly then a re-test to 36-37K then drop again.
from my point of view: any price uprising in the upcoming weeks or days will be a possible way to sell not to buy more.
this analysis would fail if we had a weekly close above 44500 with a good volume .
I mentioned that BTC and ETH will drop since long time ago you can see the old ideas mentioned below.
Note: this is a weekly frame so it needs time.
Nota
The Blue and White scenarios have been cancelled, now we will see the yellow scenario and watch what happens:breakout 44500 with a weekly close and a good volume or Continue the dump to the below supports.
Nota
hey guys, do u remember me?
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Publicações relacionadas
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.