Dear friends,
I continue the publishing of intraday forecasts.
As you can see in the graph above, the previous forecast was not entirely successful. He was spoiled by an impulsive upward shot, which happened ironically, exactly where I expected a similar falling. Even though the market as a whole spent most of the time in the marked area, I cannot put this forecast into my piggy bank and will mark it with a red fill.
Today, the BTCUSDt market continues to move in a bearish trend.
The equilateral triangle is formed locally. The probability of breaking down is much greater than going up.
The range of the main movement 7850 - 8050 USD.
I lower the frames of the square a little lower in case of exit from the triangle. In case of exit from the triangle - target - 7730 USD
PS. Let me remind you that the dotted arrow means the direction of the trend and the potential for movement.
Good luck and good profits!
Regards,
Michael @Hyipov
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Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.