Based on 5 yrs of historical data with 16 iterations (and 6 hours of my data collection), here are my findings:
If Btc holds support above %121K without retracing, there is a 12% chance Btc goes parabolic
(without hiting bearish targets). Alt coins may follow Btc up.
Otherwise , there is a much greater probability Btc will retrace to my T1 or T2 (red) after hitting my bullish T1 (green). Then I expect a bounce.
May the trends be with you.
If Btc holds support above %121K without retracing, there is a 12% chance Btc goes parabolic
(without hiting bearish targets). Alt coins may follow Btc up.
Otherwise , there is a much greater probability Btc will retrace to my T1 or T2 (red) after hitting my bullish T1 (green). Then I expect a bounce.
May the trends be with you.
May the trends be with you.
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.
May the trends be with you.
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.