🤔 Thoughts about BNB and Bitcoin
In 2018, a similar formation. Breaking strong support resulted in a ~23% drop. The current formation is similar, then the dip is $170?
Altcoins volatility is higher than Bitcoin. I admit by the coefficient, the potential for Bitcoin to fall in this case is ~18% from breakdown the Wedge. So, theoretically, the bottom could be $18-$19,000.
🚨 This is a theory! I will buy as described above - according to signal from my indicator.
Zero subjective decisions! ✌️
In 2018, a similar formation. Breaking strong support resulted in a ~23% drop. The current formation is similar, then the dip is $170?
Altcoins volatility is higher than Bitcoin. I admit by the coefficient, the potential for Bitcoin to fall in this case is ~18% from breakdown the Wedge. So, theoretically, the bottom could be $18-$19,000.
🚨 This is a theory! I will buy as described above - according to signal from my indicator.
Zero subjective decisions! ✌️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.