Check out my previous BTC analysis where I gave the outcome of a potential bounce from the 7K area. As stated in the analysis we need to break and stay above the 1st Target/Resistance. This chart is showing what could happen if that bounce was just a big failed. BTC will stay in the downtrend and possibly go back testing lower support 6K area. Trade Safe
Trade active:
The move up happened a little earlier than the shadow "fractal" but it is still in play as you can see, watch and wait for a trade that make sense to you. Playing the break up or down, make your bet, someone's got to be on each side of the trade, choose the winning side carefully ;)
Trade safe!!
Trade safe!!
Trade active:
BTC is still indecisive. The move up or down will happen real soon ( if I had to take a stance I'll go LONG ), stay sharp and trade safe!!
Trade closed: target reached:
You can wait some more for confirmation if you want. But you can now switch to my original analysis with the bull scenario for targets.
Trade Safe!!
Trade Safe!!