My prediction of this seasons Bear Market.
Hello All,
Looking at the BTC chart on the daily timeframe, you can see that we developed a downward channel on the higher timeframes.
In my opinion, based on some fractal charting, it appears we will see a relief rally from the decline. Then head downward towards the mid-terms. (Dec)
This is where I believe we will bottom out in this bear market.
Let me know your thoughts...
****This is not trading advice****
Looking at the BTC chart on the daily timeframe, you can see that we developed a downward channel on the higher timeframes.
In my opinion, based on some fractal charting, it appears we will see a relief rally from the decline. Then head downward towards the mid-terms. (Dec)
This is where I believe we will bottom out in this bear market.
Let me know your thoughts...
****This is not trading advice****
أغلقت الصفقة: تم الوصول للهدف:
So, it appears the Target was reached in Mid-December as expected, however the ride getting there was quite a different story...
We will likely continue this down trend to test local lows, and then rally to the impending Bull Trap.