Hi all,
In accordance with my previous mid-term analysis for BTC (see link below), here is what I'm think about BTC's moves the next days to come.
It's just a possible scenario (among others) where BTC is forming an distribution pattern following wyckoff method. But I have a preference for this one.
What do you think about it?
All the best!
Komentarz:
Update:
Komentarz:
Prices are oscilating around the wickless weekly trendline.
Second SOW in Phase B has just been created. If this support hold?
Second SOW in Phase B has just been created. If this support hold?
Komentarz:
Second SOW in Phase B was set and BTC is heading the upper side (UT)
Komentarz:
Update
Komentarz:
BTC is likely to head the UT (around $31800s), with some lags.
Komentarz:
Reaching 32500 areas (UTAD Test) is not my favorite scenario any more. BTC has been showing weakness while being continously rejected by $31000-$31500.
On 1D TF, we can see a Three Black Crows pattern. BTC would go more down in short-term
On 1D TF, we can see a Three Black Crows pattern. BTC would go more down in short-term
Komentarz:
Here is my current view, the final target ($27000-$27500) does not change.