BTC to $6340 Short

Description

⋅ Mar 9, 2020 4:18 PM

I don't see a bounce after this big drop but consolidation out of oversold conditions then another drop. $6340 is the large and head and shoulder's target. I believe that in April or May there will be a bigger move than this recent one, beyond $6340, to $4500 which should be the bottom, and "should" is not confirmed.

A weekly lower low will not be printed and the weekly lower pivot will be broken.

Comment

⋅ Mar 16, 2020 11:21 PM

"A weekly lower low will not be printed and the weekly lower pivot will be broken."

target surpassed.

Comments

PurpleCrypto

⋅ Mar 10, 2020 2:27 AM

People who said we would not see 8000's again must have never heard of retracements.

nagihatoum

⋅ Mar 10, 2020 7:42 AM

@PurpleCrypto, sea horse nose is resistance )))

PurpleCrypto

⋅ Mar 10, 2020 9:21 AM

@nagihatoum, Yes, that's the idea behind the pattern.

Bignibba1488

⋅ Mar 9, 2020 8:52 PM

i think 6340 we will see a big bounce aswell.