hello guys!
here is a update on my previous analysis.
if BTC is able to get above the 6500 i expect a run up to 6800/7000 range , that would be a great sign if we can close the daily candle like that.
first major resistance is at 6900 : if we can break up with nice volume and use it as support that would be ideal.
how ever if BTC breaksdown the bleu triangle we can expect to hit that rising black trendline.
WORSTCASE SENARIO : if the rising black trendline does not hold , we can go deep ..very deep that would put back some fear into the market,
in that case i would expect a V shape structure and a nice long entry .
from that point the market could get more volatile that would be a realy good sign .
HIT the LIKE button to support me
STABB
my previous analysis:
here is a update on my previous analysis.
if BTC is able to get above the 6500 i expect a run up to 6800/7000 range , that would be a great sign if we can close the daily candle like that.
first major resistance is at 6900 : if we can break up with nice volume and use it as support that would be ideal.
how ever if BTC breaksdown the bleu triangle we can expect to hit that rising black trendline.
WORSTCASE SENARIO : if the rising black trendline does not hold , we can go deep ..very deep that would put back some fear into the market,
in that case i would expect a V shape structure and a nice long entry .
from that point the market could get more volatile that would be a realy good sign .
HIT the LIKE button to support me
STABB
my previous analysis:
Comment:
hello guys i can see there is forming a smal inv head n' shoulder that could lead to a break of the triangle
