Which way will the compressed bitcoin spring open ???
Hello dear friends
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Which way will the compressed bitcoin spring open ???
Well, friends, to answer this question, let's go and take a look at our previous analysis.
Please see this
And then see this chart
Well, back to the chart of this analysis
The price in the triangle pattern is squeezing more.
A dynamic resistance line is seen in the price range and a very strong static resistance in the 41K range.
And the bigger trend, which is still negative.
The result is that in my opinion the probability of ascending from this area is not zero, but the probability of descending up to 30K is stronger.
This is an idea, and all ideas in the financial markets are likely to be wrong.
***********************************************************************************************************
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
-------------------------
Which way will the compressed bitcoin spring open ???
Well, friends, to answer this question, let's go and take a look at our previous analysis.
Please see this
And then see this chart
Well, back to the chart of this analysis
The price in the triangle pattern is squeezing more.
A dynamic resistance line is seen in the price range and a very strong static resistance in the 41K range.
And the bigger trend, which is still negative.
The result is that in my opinion the probability of ascending from this area is not zero, but the probability of descending up to 30K is stronger.
This is an idea, and all ideas in the financial markets are likely to be wrong.
***********************************************************************************************************
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
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