At what price level (EURO) will BTC go through the red ellipse ?
This chart drew it self more ore less.
The red dotted arrow line that goes down in a diagonal, has the exact same angle as the green one going up. Looks like our red dotted friend is a pretty big resistance.
As we look at the period it took us to go up, we seem to have some time left over to go down. Maybe there will be a C wave going up for a little while (€ 7022 max in my opinion) but in general I think we have to expect more of the down trend.
See links below for more of my ideas !!
The red dotted arrow line that goes down in a diagonal, has the exact same angle as the green one going up. Looks like our red dotted friend is a pretty big resistance.
As we look at the period it took us to go up, we seem to have some time left over to go down. Maybe there will be a C wave going up for a little while (€ 7022 max in my opinion) but in general I think we have to expect more of the down trend.
See links below for more of my ideas !!
