Part two(Please read in full)
On the Bitcoin chart, I see one of the most popular patterns.
Do you see it too?
But I can not trust it completely.
If this pattern is correct, we should go to 52 again. If the pattern is complete, we can have a very sharp drop
My general conclusion from Bitcoin:
We are in the bear market, and we are 98% likely to move in the 36-37 range. If you have a short deal, do not quit at all.
Can add volume to it in 52 (if pattern is formed)
** But I do not like this pattern to be formed, because it will be very dangerous.
On the Bitcoin chart, I see one of the most popular patterns.
Do you see it too?
But I can not trust it completely.
If this pattern is correct, we should go to 52 again. If the pattern is complete, we can have a very sharp drop
My general conclusion from Bitcoin:
We are in the bear market, and we are 98% likely to move in the 36-37 range. If you have a short deal, do not quit at all.
Can add volume to it in 52 (if pattern is formed)
** But I do not like this pattern to be formed, because it will be very dangerous.
Comment:
what is your opinion?
Comment:
The pattern failed