BTC move is now clearer than before forming a descending triangle and could imitate a similar move between May to Jul'21. The previous correction (May to Jul'21 timeframe) was at fib 0.786 if we start from previous low and if we start counting fib retracement level at previous low we see BTC could be corrected to the region of $40k, likely to break $1k to $2k below the $40k range due resulting from fear.
I am still sitting in cash to wait for better entry at the moment. Outlook is more positive than before as I believe the correction is almost come to an end.
Please show your support by giving a like and follow. If you have different opinion, appreciate for your constructive view.
I may do charting upon request
I am still sitting in cash to wait for better entry at the moment. Outlook is more positive than before as I believe the correction is almost come to an end.
Please show your support by giving a like and follow. If you have different opinion, appreciate for your constructive view.
I may do charting upon request
Trade active:
Running according to plan, the waiting game is finally coming to play. I will only buy in more from now.