BTC (Y21.P1.E14).The 4 HRLY BULLISH SCENARIO
Hi All,
Yesterday I gave the big correction scenario but I see it unlikely based on recent events.
But never say never.
I personally think that next correction is in the $60K range
Today, I will give the 4 HRLY scenario.
If price drops, its still bullish as it submits itself to the widening fan\funnel as per Livermore's speculative chart.
We are in the bull trend and this re-accumulation setup after a big consolidation range of 10k makes sense.
Where 4 has been done, or the breakup completes 4, then we have 5 based on the Livermore's speculative chart.
All the best,
S.SAri
I like the fact that the 1 hrly 13/50 ema cross down then back up.
Yesterday I gave the big correction scenario but I see it unlikely based on recent events.
But never say never.
I personally think that next correction is in the $60K range
Today, I will give the 4 HRLY scenario.
If price drops, its still bullish as it submits itself to the widening fan\funnel as per Livermore's speculative chart.
We are in the bull trend and this re-accumulation setup after a big consolidation range of 10k makes sense.
Where 4 has been done, or the breakup completes 4, then we have 5 based on the Livermore's speculative chart.
All the best,
S.SAri
I like the fact that the 1 hrly 13/50 ema cross down then back up.
Komentar:
BTC broke this line, hence all indications show we will visit the bottom buy zone.
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