WyckoffMode

Part 1: $8,340 to $8,440 by Nov. 14; Then Reversal by Nov. 15

WyckoffMode Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
It's still possible for my lower Yellow Primary FIB at $8,586.48 to hold by November 14, 2019 but no guarantee. It actually seems more logical for us to go down to test a previous resistance level of $8,340 to $8,440; as mentioned in the video. It seems more logical for that to occur before we see reversal to upward pressure in mid November. You may want to scatter buy orders between $8,340 and $8,540; while also implementing a stop loss. I'll let you determine what to set your stop loss for. Keep in mind; the lower Yellow Primary FIB at $8,586.48 may still hold. However, I see the odds of it holding currently around 50 percent.

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Part 2: Let's Look at Worse Possible Case Scenario.

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