BTC analysis 2
Updated
Hi everyone! I'm MSNP, hope to have good year.
let's see what happening on
BTCUSDT BTC.
we had a measured move based on first leg or BO and another measured move based on channel that we broke to upside.
now on MM target we have a 32 day's Trading range...
so, what we expect of next move?
1. we can rest a little more here and go for higher levels(48k,49k). 20 to 30 % possibility (if get there we have double top potential)
2. we can go for a 2-wave pullback and see 40k once more that, this can be good (no rush and no pressure on any side)
3. we can have a bull BO and immediately back to TR and then we see a Deep correction. (70% possibility)
have green portfolio.
MSNP
let's see what happening on
BTCUSDT BTC.we had a measured move based on first leg or BO and another measured move based on channel that we broke to upside.
now on MM target we have a 32 day's Trading range...
so, what we expect of next move?
1. we can rest a little more here and go for higher levels(48k,49k). 20 to 30 % possibility (if get there we have double top potential)
2. we can go for a 2-wave pullback and see 40k once more that, this can be good (no rush and no pressure on any side)
3. we can have a bull BO and immediately back to TR and then we see a Deep correction. (70% possibility)
have green portfolio.
MSNP
Note
bull BO and back to TRNote
so now what? what do you think?Note
if today's candle close like a BO bar maybe not bad to buy for sec waveTrade active
but be careful because we have a double top ahead of us so manage your risktarget can be 46300
Note
good for bullsTrade closed: target reached
target reached....am i good or what?
Note
Instagram : M_s_n_p
Related publications
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.