Since BTC created a Bullish Divergence on the daily time frame, Now 3 patterns are building
1. BTC is already breaking the Local resistance, might test the Key Level Supply, which is at 80k.
Retest the flag and continue upwards. - Probablity 30%
2. Completes the bear flag and rejects at 75 - 76k, Breaks down and tests the Next Key level at 53k. - Probablity 30%
3. Rejects the key level at 80k and continues down to 53k Key level - Probablity 50%
1. BTC is already breaking the Local resistance, might test the Key Level Supply, which is at 80k.
Retest the flag and continue upwards. - Probablity 30%
2. Completes the bear flag and rejects at 75 - 76k, Breaks down and tests the Next Key level at 53k. - Probablity 30%
3. Rejects the key level at 80k and continues down to 53k Key level - Probablity 50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.