On Sept 2nd I suggested that Btc would see a bounce into 1 of my 3 targets. Btc has now entered the first zone. I am now cautiously on the look out for a reversal within the next 5 days (by Sept 16th). This expectation is based on my previous chart published where I stated "there is a possibility, based on the 3 week down rule, that the reversal from my targets, may lead to a lower low to my T3 (below current low at 107.5K).
My Aug 31st call for a T2 bounce hit perfectly. But I hope I'm wrong about a drop to T3
If Btc can hold support above 123K I will become very bullish. Until then I remain cautious, becuase I don't want to round-trip my gains. Proper risk management is crucial for me.
My Aug 31st call for a T2 bounce hit perfectly. But I hope I'm wrong about a drop to T3
If Btc can hold support above 123K I will become very bullish. Until then I remain cautious, becuase I don't want to round-trip my gains. Proper risk management is crucial for me.
May the trends be with you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
May the trends be with you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.