TradingView
AndresThomasShirakawa
Oct 9, 2016 4:31 AM

BTM and two possible scenarios Long

Description


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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