Hey guys,
I was waiting for a right confirmation to post an update on the btc move.
Now it is in very very critical state, We will talk both up trend and down trend scenarios.
DT Scenario: If BTC do not move upwards this month and break 11K Level and falling down below 9K will directly push us 8800 then 7500 then 6000. Now the possibility is very less because in the history it has not broke the moving averages. but we do not know. You do not have to pannic when it come down to 9K level. As i always say 4 digit bitcoin always worth buying. I hope the market sentiment will take BTC upwards.
UT Scenario: Now we have to break the triangle formation and touch the important RES level . 11K and 12K. If we do so.. forget the 4 digit bitcoin now. we directly reach 16K to 20K level this month and in October. then again a consolidation not going lower then 15K level for 2-3 months.
Keep eye on RED line and BLue to break.. If not not going down the Black line and Green line.
Thank you all.
GIve me like if you like my idea.
I was waiting for a right confirmation to post an update on the btc move.
Now it is in very very critical state, We will talk both up trend and down trend scenarios.
DT Scenario: If BTC do not move upwards this month and break 11K Level and falling down below 9K will directly push us 8800 then 7500 then 6000. Now the possibility is very less because in the history it has not broke the moving averages. but we do not know. You do not have to pannic when it come down to 9K level. As i always say 4 digit bitcoin always worth buying. I hope the market sentiment will take BTC upwards.
UT Scenario: Now we have to break the triangle formation and touch the important RES level . 11K and 12K. If we do so.. forget the 4 digit bitcoin now. we directly reach 16K to 20K level this month and in October. then again a consolidation not going lower then 15K level for 2-3 months.
Keep eye on RED line and BLue to break.. If not not going down the Black line and Green line.
Thank you all.
GIve me like if you like my idea.
Trade active:
Near to break out.