Hi again to you all.
Price action progressing. so it's time to little edit my secret fractal gain, here on Logarithmic daily chart.
Now we know, this is confirmed Bear Flat formation. You can draw the pole from 48 k high, or 31,5 k.
Also as I am posting today, Bitcoin testing 200MA weekly average. If Sunday closes this way, it should end up in crucial bearish acceleration.
In that case, Bitcoin would be heading into the last yellow rectangle to full fill whole pattern called Bearish Wick-off formed from All Time High.
However, I am only average investor and it will also depends on Stocks with DXY index. This dependency impacting BTC through their smart money, leverage and manipulations.
Exchanges will always want you drag into trades and speculations to liquidate you and take fees.
So never be greedy or fear. Each of us should stick to its own strategy plan.
This is how actually looks mine. No long, no short.
Take care, Emvo.
*This is not any financial advice.
Price action progressing. so it's time to little edit my secret fractal gain, here on Logarithmic daily chart.
Now we know, this is confirmed Bear Flat formation. You can draw the pole from 48 k high, or 31,5 k.
Also as I am posting today, Bitcoin testing 200MA weekly average. If Sunday closes this way, it should end up in crucial bearish acceleration.
In that case, Bitcoin would be heading into the last yellow rectangle to full fill whole pattern called Bearish Wick-off formed from All Time High.
However, I am only average investor and it will also depends on Stocks with DXY index. This dependency impacting BTC through their smart money, leverage and manipulations.
Exchanges will always want you drag into trades and speculations to liquidate you and take fees.
So never be greedy or fear. Each of us should stick to its own strategy plan.
This is how actually looks mine. No long, no short.
Take care, Emvo.
*This is not any financial advice.
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There is some possibility BTC first test Wekly 200. However, I personally don't think so.
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