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czupryn888
Nov 19, 2021 1:53 PM

Bitcoin - consolidation for this weekend (symmetrical triangle) 

Bitcoin / TetherUSBinance

Description

Bitcoin - consolidation for this weekend (symmetrical triangle).
Bitcoin has dropped below the SOW level. According to the distribution scheme of the Wyckoff, we have the LPSY level. As the price usually consolidates on weekends, I predict a certain formation. Moreover, there is no recovery from the recent declines.
At 1h, you can also see that there is a divergence, which also indicates the need to rebound the declines.
Comments
toli_pl
BTC is aiming to 64 brother
czupryn888
@toli_pl, oh it is possible too, cme gap is at 63500$
toli_pl
@czupryn888, yes exactly for the GAP
BlessedBlasphemer
agreed,that's my idea too
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