Hi fellas!
In the previous update I talked about a fractal from the previous wave which turned out to work out pretty accurately! Here's the idea:
I don't usually believe in fractals, but this time I have reasons to believe the same scenario is still in play and we're not done with the fractal I talked about in the previous idea just yet.
So I see a strong rejection from 12300-12400 level (which is a pretty strong resistance btw) in the upcoming hours, and then a convergence to levels around 11700 to 11300. I think we're gonna have some boring weeks with little volatility again. Ugh...
IF the fractal plays nice, I'll have a lot to say about the next wave!
Stay tuned!
In the previous update I talked about a fractal from the previous wave which turned out to work out pretty accurately! Here's the idea:
I don't usually believe in fractals, but this time I have reasons to believe the same scenario is still in play and we're not done with the fractal I talked about in the previous idea just yet.
So I see a strong rejection from 12300-12400 level (which is a pretty strong resistance btw) in the upcoming hours, and then a convergence to levels around 11700 to 11300. I think we're gonna have some boring weeks with little volatility again. Ugh...
IF the fractal plays nice, I'll have a lot to say about the next wave!
Stay tuned!
Not
Hey, by the way! There's also a CME Gap to be filled at 11715. It makes the strong rejection scenario make more sense!İşlem aktif
Not
Target achieved.Not
CME gap at 11715 just closed.İşlem kapandı: hedefe ulaştı
Second target reached.Not
BTC has perfectly followed the blue line up to now! But I have reasons to believe this is how far the fractal stays in play. I expect BTC to go lower now. Follow this idea to find out the logic behind this assumption.
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.