Gl4diator

#bitcoin - Reversal Adam and Eve Bottom still in the Game

BITSTAMP:BTCUSD   Bitcoin
Even though Im stuck on my Television due to the Fortnite WorldCup (No Joke) I never forget about my plans, and even there was a further drop, I am still not concerned yet, the small Cup and Handle did not play as it should and in my opinion a little sell-pressure is out of the market, I won´t short this anymore unless we break down the marked area + the weekly S1 (support right now) going all the way to the next Support-Level. The neckline of this Adam and Eve ist still around $11k and the target is around Breakout-Levels and the Yearly R1. I am not going to forecast we will do A, B or C, it doesn´t make any sense. As usual, trade what you see and not what you think could happen. This is one of several possible scenarios my colleagues are presenting some different, which are also fairly possible.


Cheers.
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Warm Regards,
Neru

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