The daily chart for BTC shows a strong sign that BTC will for sure go Below our old low of 17560.However , the question is how up will it go before taken out the sell side that is resting below our old low.
As you can see for weeks now we have been ranging between 21000 to 18200, taken out both SSL and BSL .
As I mentioned at the paragraph above. I have two senerio for the coming days or weeks.
The first is we either go above 19800 to 22000
For FVG and then the market will attack the old
Low for SSL.
The second is (if we go below the D.OB) market go straight down to our old low.
As you can see for weeks now we have been ranging between 21000 to 18200, taken out both SSL and BSL .
As I mentioned at the paragraph above. I have two senerio for the coming days or weeks.
The first is we either go above 19800 to 22000
For FVG and then the market will attack the old
Low for SSL.
The second is (if we go below the D.OB) market go straight down to our old low.