4xForecaster

#BitChina Stomped At Its 2-4 Line; Bears In Force $BTC #bitcoin

BTCCHINA:BTCCNY   None
As discussed in the larger time-frame, an interim rally is expected to occur before decline resumes.

Background geometry here is offering a framework for this nascent dynamic, as price is expected to reach the price level level of Point-4 as a high-probability event, versus a 1-4 Line attainment.




Independently, the Predictive/Forecasting Model remains open to its most bearish target at 1089.93, defined on April 10th - See larger analysis here: , as well as smaller frame analysis here: .


David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


-----
Twitter:
@4xForecaster

LinkedIn:
David Alcindor
-----


.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.