BTC failed retest at 3800 - moving to 3700 or 3580
BTC dropped out of a descending triangle and failed a retest at 3800.
This has resulted in a drop lower to the next levels down . This could be a move down to 3580 ; however BTC can also recover at around 3690 .
I have a second graph which ill add to this graph which shows an alternate play BTC can make
This market is currently unpredictable and im playing this with 50% in BTC and 50% in FIAT. Depending on how this plays out ill make my move accordingly.
This has resulted in a drop lower to the next levels down . This could be a move down to 3580 ; however BTC can also recover at around 3690 .
I have a second graph which ill add to this graph which shows an alternate play BTC can make
This market is currently unpredictable and im playing this with 50% in BTC and 50% in FIAT. Depending on how this plays out ill make my move accordingly.
Comment:
see also the following idea - BTC is moving in a symmetrical triangle can it bounce at 3612 ?
