BTCUSD SHORT/SELL MAJOR DROP INCOMING! Monthly CHART
تم تحديثه
Technical Analysis
1. Rising Wedge NOT COMPLETED (ALMOST!) on a 4 hours chart (Possibly completed when the market reaches 62-64k)
2. Fibonacci Retracement and Expansion to 1.618 completed (while forming a reversal pattern ( Rising Wedge on 4 hours) which indicates exhaustion of the market.
3. Monthly chart RSI overbought to the MAX! - As seen
My Re-entry is based on structure levels to the left, a larger Fibonacci Retracement level and projected the market to bounce of EMAs 60/200 (weekly) :)😁
Here's my projection.
1. Rising Wedge NOT COMPLETED (ALMOST!) on a 4 hours chart (Possibly completed when the market reaches 62-64k)
2. Fibonacci Retracement and Expansion to 1.618 completed (while forming a reversal pattern ( Rising Wedge on 4 hours) which indicates exhaustion of the market.
3. Monthly chart RSI overbought to the MAX! - As seen
My Re-entry is based on structure levels to the left, a larger Fibonacci Retracement level and projected the market to bounce of EMAs 60/200 (weekly) :)😁
Here's my projection.
ملاحظة
MAN I SAW MY RSI I MEANT OVERBOUGHT! Sorry Peepsتم فتح الصفقة
READY TO SELL?!ملاحظة
The market has reached its final exhaustion. Let's wait and see if it falls back down or breaks out UPWARDS of our rising wedge. Should the market break out UPWARDS, we will be expecting it to climb the flagpole length. In which market would potentially climb to 80,000
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.