BTC SCENARIO UPDATE (8) What's next ?

Traders,

Here we have BTCUSD 1D chart.

Previously we talked about 1 main scenario and updating it from Aug till now and we have good expected moves for this monster that controls every single pair in cryptocurrncies kindly check them and thump up for supporting:

Now we have reversal coming believe it or not, but we should notice MA 50 and its critical point "breaking it" means that we have 6k levels again in no time.

Simply the heaviest support became the heaviest resistance but we have a new easy TP at 6700$ and from there we will update.


kindly check dow theory idea about ETH

You will notice that we have chance here not an exit from this weird market.

Regards,
Mohsen

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