AndresThomasShirakawa
Long

BTM and two possible scenarios

POLONIEX:BTMBTC   Bitmark / Bitcoin
54 0 1

Bitmark has finally awakened. Forming a shoulder, head, shoulder pattern. The last not confirmed yet. The first scenario, if the formation and confirmed of the second shoulder (G point, not sexually talking) and we have a possible sharp fall in the price. The second stage and by which I lean more is a range to the target price, Minimally area 0.783 fib.
We'll see how it plays out.
regards
Trade closed: target reached: First scenario confirmed.
Before the second shoulder completed to form, the price dropped considerably. The chances of a pullback in my point of view, are not optimist.
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