BitcoinUpdated are you getting confused by recent BTC price movement??
hello
hope you all are well.. :)
if you have been following the price movement recently
it is very choppy and should not be traded IMO.
this kind of price movement we have been seeing the last few days are most likely DIRECTION development phase of the next TREND
where waves are overlapping etc.
Scenario Selection
The most probable scenario will depend on if we manage to break the BREAK the YELLOW resistance line
or FAIL and fall back to the SUPPORT and try to BREAK it once more..
1. the scenario 1 is high bullish one.. we are already on the path
2. scenario 2 is based on previous behavior of BTC
I truly cherish each and every kind word
and every single LIKE
your like means a lot to me :)
Thank you :D
hope you all are well.. :)
if you have been following the price movement recently
it is very choppy and should not be traded IMO.
this kind of price movement we have been seeing the last few days are most likely DIRECTION development phase of the next TREND
where waves are overlapping etc.
Scenario Selection
The most probable scenario will depend on if we manage to break the BREAK the YELLOW resistance line
or FAIL and fall back to the SUPPORT and try to BREAK it once more..
1. the scenario 1 is high bullish one.. we are already on the path
2. scenario 2 is based on previous behavior of BTC
I truly cherish each and every kind word
and every single LIKE
your like means a lot to me :)
Thank you :D
Note
pink line more probable now.
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