The main chart says a lot with the descriptions to save time with a longer post.
Here is a pared down example form 2017 of the same pattern on btcusd in 2017 before things went ballistic. The measured move is from the top of the bull trap to the bottom of the downtrend into the green buy zone. This may not play out exactly the same way but it should be very similar if the bulls have any hope of getting above 64k again.
Here is a pared down example form 2017 of the same pattern on btcusd in 2017 before things went ballistic. The measured move is from the top of the bull trap to the bottom of the downtrend into the green buy zone. This may not play out exactly the same way but it should be very similar if the bulls have any hope of getting above 64k again.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
But so far my long is in the money and I will still be closing at target with take profits in place. If I see the rejection then I go short.