MasonEntrican

BTC Fractal Sideways Until Bears Breakthrough

Kort
MasonEntrican Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
I was noticing this fractal start to take place with the sharp volume and candles followed by smaller fib movement. When scaling the last 2 weeks movement into the next 2 weeks projection it appears very plausible. If you take anything out of this it points to taking a short in the $6400 range. As for if it will actually break 6k this time, only time will tell if the emotional support will last and bring down to 5.9k range.
Kommentera:
Ive located a butterfly harmonic forming with a completion at $6290 to $6240 range. Supports fractal continuation and touch to .786 fib around the 4th

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.