بتكوين

Changing perspective & being SELECTIVE!

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Of course changing perspective is a hell of a way to have inspiration and to change your statu quo . As trader/investor, you need to be flexible and capture the moment right away !

Looking at the BTC chart, in inverted scale (which means for those who dosen't know, upside-down) will make us see since March 2014 a buNch of things :

Trend direction :
DOWNTREND globally (Lower lows and lower highs).

We have ranged from Nov 2017 till septembre 2020 coming from a Downtrend.

Since Septembre 20 we have continued our downtrend until Novembre 2021 where we achieved a DOUBLE BOTTOM
(W) price action.

Future directions :

Continuing the Double Bottom pattern which we started it since March 2021as the "text boox says where we will target to the 6K-8K range.
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Currently we're going through a Bull flag where we can the zone of 10K to 12K.

A DOUBLE TOP(M) where the target of the second top is from 14Kto 18K.
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A HEAD & SHOULDERS / tripple top where the target is the same as the bullish flag (10 to 13K).
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The last scenario is a range from 14K to 35K.
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Finally, thank you for reading this Idea, don't forget to follow for short & long term trades.

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