This is my first time publishing an idea on Tradingview. After looking at the chart some there where some think I take notice of. If you look at the chart you can see history is trying to repeat it self ( or not, LoL)
Please share your opinion on this chart.
Cheers
Comment
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Fake Breakout and pushed down again. Still positive we go to 6k bounce and after that I need to see if we go down further. I will do a ta on than time.
This pattern is typical of BTC you can find this up and downs frequently in the chart. Anyway the situation is similar for many aspects
Legiontrading
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@vvezzola, Its hanging under 38.20 fib same it did in the history before pulling al the way back to 6k. It needs to break the 38.20 fib before this picture change. If we make a double bottom at 6k this would be a healthy trend shift. Or we can also do a full retrace and go even lower