Both Sides Of The Story
Back in June 21st, I shared this idea on the similarities between accumulation and distribution and possible failure points.
There were two points of possible failure. We have just passed the first one, however there's still a chance for a breakdown. Don't forget, we have not yet exited the trading range, so we could still go both ways.
I'm expecting lower highs and a descending triangle formation. We can still break this triangle in both ways.
Note that a spring in phase C is not required, but is a possible move. I didn't include a spring here, use your imagination.
PS. I'm publishing my ideas based on my position not yours. When i post a short idea, i'm not telling you to short now, i'm telling you i'm short and i could be short for a long time before i publish this post, which i am. Take the time and educate yourself on technical analysis. I've created a free resource page for this:
https://bit.ly/2UOLwsW
Do your own research. I'm not providing financial advice.
Be safe!
There were two points of possible failure. We have just passed the first one, however there's still a chance for a breakdown. Don't forget, we have not yet exited the trading range, so we could still go both ways.
I'm expecting lower highs and a descending triangle formation. We can still break this triangle in both ways.
Note that a spring in phase C is not required, but is a possible move. I didn't include a spring here, use your imagination.
PS. I'm publishing my ideas based on my position not yours. When i post a short idea, i'm not telling you to short now, i'm telling you i'm short and i could be short for a long time before i publish this post, which i am. Take the time and educate yourself on technical analysis. I've created a free resource page for this:
https://bit.ly/2UOLwsW
Do your own research. I'm not providing financial advice.
Be safe!
Uwaga
BREAKING: Amazon denied the rumors! cnbc.com/2021/07/26/bitcoin-btc-price-tops-39000-for-the-first-time-in-nearly-6-weeks.htmlUwaga
67k or 8k First?
Zlecenie aktywne
Bulls win, we're going to 100k! 
Uwaga
Point of No Return 
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
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