ياسـر
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The worst technical pattern is the one that Bitcoin is currently going through, a boring consolidation pattern that goes through several stages that makes you hate trading while you sit waiting for it to finish!!
But the nice thing about it is that it ends with a bullish breakout!
I mentioned earlier that Bitcoin will move in a sideways path between
117000— 118000 and will not deviate from these two points, and my statement
was at the beginning of the formation of this pattern. We are now about 65% away
from the hypothetical breakout point, but the duration may increase a bit or decrease..
As for the expected targets after the breakout..
• 124000
• 133000
• 140000
🚨Risk limits: Breaking 113000 downwards and trading below it for 24 hours nullifies all the previous statements..
$BTC
The worst technical pattern is the one that Bitcoin is currently going through, a boring consolidation pattern that goes through several stages that makes you hate trading while you sit waiting for it to finish!!
But the nice thing about it is that it ends with a bullish breakout!
I mentioned earlier that Bitcoin will move in a sideways path between
117000— 118000 and will not deviate from these two points, and my statement
was at the beginning of the formation of this pattern. We are now about 65% away
from the hypothetical breakout point, but the duration may increase a bit or decrease..
As for the expected targets after the breakout..
• 124000
• 133000
• 140000
🚨Risk limits: Breaking 113000 downwards and trading below it for 24 hours nullifies all the previous statements..
$BTC
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