Let’s see how math’s works on chart below. Average price decline on Adam and Eve is 22%.
Our DT was 22%. While DT was created it developed . Average price decline to flag is 26% - our was 36%. From flag top to bottom of formation average decline is 25% - our was 29%. Change in price after pattern completed - for DT is 43% up and for Flag is 40% up. Judging on stats we should expect price rise to 11000$ and that is a level of massive resistance.
Now let's talk about BTC which is in progress right now. On chart below You can see that possible point of drop from , would be 9500$. Average price decline on is 14% and in our case it would be around 8300-8400. Change in price (move up) after fall is finished, on average is 35% up, and in our case it would be 11500% - place where is finishing.
IF YOU LIKE TRADING IDEA SMASH THAT LIKE BUTTON!!! IT'S IMPORTANT.
DON'T BE TIGHT - GIVE A LIKE
This information is not a recommendation to buy or sell.