trader_ozyw

BTC - Warning - May fall to 22K

BINANCE:BTCUSDT   Bitcoin / TetherUS
*** Not a financial advice ***
There are signs that BTC may fall to 22-21K. It is not exact of course but i compare it with past behavior and comfirm it with indicators.
In this scenario i copied candle pattern from rally starting at a point until to ATH (All time high) and reversed it to see if there is a similarities with falling. I used Fibonacci Bollinger Bands indicator plus Fibonacci Speed Resistance Fan straight and reversed version to compare it with todays situation. I found a price location. And then I checked it with monthly Bollinger Band to see it's possibilities and then I saw the same location with Bollinger Band's baseline.
Again, of course none of these clues can be exact but i think it is worth to pay attention on it.
If this fall going to be happen, I am waiting it to be hapen within few days or a week, or less than 2 weeks.
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.