When we simplify the chart with Renko, we encounter a elliott wave. I think the harmonic pattern is completed in the monthly period. Even if the downward movement continues from here, the price is at an all-time low. From time to time there may be manipulation movements. Or Btc can drag it downwards. But still this will be short-lived. Such a situation can be...
The blue and red lines are resistances and supports (it doesn't matter whether they are vertical, horizontal, or diagonal). It is currently moving towards the resistant zone. In case of breaking the resistance zone (crossing the prices of 1.895 - 1.898 ), there is a high potential for growing up to prices: 1 - 2.00 2 - 2.22 3 - 2.50 Good luck Not losing capital...
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...