all i see now that it's targeting 7190 maybe even more ( but actually the main target for this movement should be 4050) only 1 monthly candle close above 7620 could safe btc from that horrible fate
i don't see any reversal time soon, but i'm sure there will be soon from smaller time frames.
i'll keep updates if anything new come up
This might not be a sign of reversal but i would say that technical aspects arent really precise anytime.We can presume that BTC can break out
your expectation anytime.
Didnt even expect for its price to rose up for $1k in a matter of few hours.What you think?
Now if this last low holds till Nov 11th, then that will be the week to start buying.
for now, the Mass price is 8140, if u want to know if a reversal going to happen on Nov 11th, keep an eye on 8140 and how the price will react to it.
if the price respects it and treat it as a support, then Nov 11th is the reversal day
for now, the Mass price is 8140, if u want to know if a reversal going to happen on Nov 11th, keep an eye on 8140 and how the price will react to it.
if the price respects it and treat it as a support, then Nov 11th is the reversal day
161.8 of the broken daily down channel should be the target, then we must see a down movement after it, but nothing further than (8140:8084)
and if the price moved close enough to the pattern on the chart attached, the reversal should be on Nov 11th
https://i.imgur.com/N312cSb.png
