A) Positive Scenario :- #BTC Preparing For 100K ??
After Last Correction #BTC Correction Was As On #RSI Showing Bullish Div + Trade Line Breakout Then Go For 73% Positive Move And Now Same Going On #RSI Showing Bullish Hidden Div & Double Bottom And Waiting For Trade Line Breakout . If #BTC Day Candle Close Above 52K Then #BTC Will Bullish Again
B) Negative Scenario :- #BTC Preparing For 15K-16K ??
#BTC Showing Bearish H&S Pattern Which Heads Around 52K , Till Now #BTC Makes Perfect Left Head & Shoulder And Preparing For Right Head . If #BTC Again Reject From 52K And Break Down 40K Then Real Bearish Market Will Start And Can Go For 15K-16K As On H&S Pattern .
Keep In Mind
Positive Scenario Will Played Out Only In Breakout Conditions (Day Candle Should Be Close Above 52K ) .
Negative Scenario Will Played Out Only in Break Down Conditions (If #BTC Rejects From 52K And Day Candle Close Below 40K )
(Not Financial Advice, Always Do Your Own Research)
https://www.tradingview.com/x/oEeod4tq/
TradingView (https://www.tradingview.com/x/oEeod4tq/)
TradingView Chart
See more on tradingview.com