Bitcoin Fractal: Is this another fakeout?!

BTCUSDT SPOTBybit

Description

⋅ Aug 3, 2022 6:05 PM

The current price action looks very similar to the last 4 fake breakouts. Let's see how it goes

⋅ Aug 3, 2022 6:06 PM

⋅ Aug 3, 2022 6:07 PM

⋅ Aug 3, 2022 6:07 PM

⋅ Aug 3, 2022 6:08 PM

And now we are here

⋅ Aug 3, 2022 6:15 PM

This analysis will be invalidated in case of closing a 4h candle above 23700

⋅ Aug 3, 2022 6:20 PM

Alternative Scenario

Comments

kerolos22

⋅ Aug 3, 2022 11:53 PM

oh no it's do it
btc lol now

farhadnmd

⋅ Aug 4, 2022 8:48 AM

pilota7med

⋅ Aug 3, 2022 10:31 PM

The most accurate TA I have seen in a while… totally agreeing with you.. I think BTC will drop one final time. 🫡

farhadnmd

⋅ Aug 4, 2022 8:48 AM

@pilota7med Yeah it's likely to happen. Thank you so much