This is an Inverted chart of bitcoin, where we could possibly head down to 2k where there is very heavy support.
The reason I chose to invert the chart was to get a better view of bitcoin in terms of possible bear scenarios
This is a bit extream in terms of selling momentum but a very possible scenario due to high volatility in the crypto markets.
The target is based on the .5 extension of the 3rd wave and a matching extension of the descending triangle that formed over the past few months. Also we have support based on previous support made back in July of 2017
I have also published the possible bullish scenario for bitcoin but we will have to wait and see which on happens.
The reason I chose to invert the chart was to get a better view of bitcoin in terms of possible bear scenarios
This is a bit extream in terms of selling momentum but a very possible scenario due to high volatility in the crypto markets.
The target is based on the .5 extension of the 3rd wave and a matching extension of the descending triangle that formed over the past few months. Also we have support based on previous support made back in July of 2017
I have also published the possible bullish scenario for bitcoin but we will have to wait and see which on happens.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.