BTC Moving inside Micro channel

BTC Moving inside Micro channel

تعليق:

could touch 7900

تعليق:

it could be a bear trap - unless it move past 8022

تعليق:

To be going down , BTC has to exit past 8022 . if not its a Bear trap and a fake drop

تعليق:

two minute Graph version - if BTC hits 8110 this will makes double bottom .
So BTC can bounce up here.

تعليق:

The two minute Graph above shows BTC has bounced off the double bottom at 8110
8175 is required to confirm the bounce upwards.

تعليق:

this is a bear trap shake out, which can drop to 7900/7800 or worse case 7400.
One this bear trap completes BTC should shoot back up and complete the movements to the 8800 area.
The real Bull-trap happens comes after BTC hits close to around 9k and will drop BTC close to the 4k area.

تعليق:

BTC can attempt reversal here at 7900

تعليق:

There perfect bounce spot will be around 7460 and the reversal at 7900 should be temporary .