Hello Traders!
In my previous post, i mentioned that there is a fear of a drop in BTC and i said that BTC has planted a bomb.
The reason why I said that is I saw an unusual behavior near my True reversal point. My True reversal points are derived from multiple strategies and it's the strategy that can give pinpoint accurate value of reversal but in some cases market reverse after breaking the true reversal point. Like in the previous post BTC broke the 56670 reversal point and dipped 1.88% more which is not a good sign and i said it's like BTC planted a bomb and looks like I was right and here we go now.
In this dip i am expecting that BTC will touch 49K and reverse from there. So get ready for a roller coaster ride.
Below I am adding previous post and few examples of my true reversal points. Click to open the post.
Previous post
previous post
Example 1
Example 2
Example 3
In my previous post, i mentioned that there is a fear of a drop in BTC and i said that BTC has planted a bomb.
The reason why I said that is I saw an unusual behavior near my True reversal point. My True reversal points are derived from multiple strategies and it's the strategy that can give pinpoint accurate value of reversal but in some cases market reverse after breaking the true reversal point. Like in the previous post BTC broke the 56670 reversal point and dipped 1.88% more which is not a good sign and i said it's like BTC planted a bomb and looks like I was right and here we go now.
In this dip i am expecting that BTC will touch 49K and reverse from there. So get ready for a roller coaster ride.
Below I am adding previous post and few examples of my true reversal points. Click to open the post.
Previous post
previous post
Example 1
Example 2
Example 3
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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.