We Are Looking At BTC On A Daily Time Frame
Re-Accumulation Or Distribution?
I Think It's The Latter.
BTC Is Preparing For A Massive Move. We Are Seeing A Prolonged Sideway Movement
Fib retracement to .618 pointing to $26k BTC (-24% From Current Level)
We All Know -20%+ Can Happen On Crypto Market At Any Given Time.
-Testing Bollinger Band And Symmetrical Triangle Support Levels
Strengths:
Still Respecting Symmetrical Triangle
-Higher Lows -> Breaking Down The Trend Will Most Likely Lead To Our Target
-Still Above 200 MA
LET ME KNOW WHAT YOU THINK! 🧐
I Try To Make Things Simple For You To Understand :)
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to REQUEST CHART ANALYSIS at Anytime! Simply Comment Down Below or DM Me :)
````````````````````````````````````
⚠ DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
Re-Accumulation Or Distribution?
I Think It's The Latter.
BTC Is Preparing For A Massive Move. We Are Seeing A Prolonged Sideway Movement
Fib retracement to .618 pointing to $26k BTC (-24% From Current Level)
We All Know -20%+ Can Happen On Crypto Market At Any Given Time.
-Testing Bollinger Band And Symmetrical Triangle Support Levels
Strengths:
Still Respecting Symmetrical Triangle
-Higher Lows -> Breaking Down The Trend Will Most Likely Lead To Our Target
-Still Above 200 MA
LET ME KNOW WHAT YOU THINK! 🧐
I Try To Make Things Simple For You To Understand :)
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to REQUEST CHART ANALYSIS at Anytime! Simply Comment Down Below or DM Me :)
````````````````````````````````````
⚠ DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.