Fib from 61k to 53k and it's hit most of the key supports and it's already broke out of one triangle in a downwards direction, now im just waiting to see if we get an 'M or a W' pattern print to find out what direction we're going in. Sorry for a messy chart if it's not clear guys im new to trading so any criticism would be great! ( I really need the advice) Thanks for your time.
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So far as of today i cannot update my price prediction to a price projection. Still stuck in the triangle consolidating so i guess i can forget about noob-pattern trading ha! totally not prepared to bark out such numbers of A high estimate and low estimate despite my personal opinion because the market doesn't care. I will update this post tomorrow with my re-action to the market -- Whether this be Bullish or Bearish. Thank you for you time!
@ArtfulDodger1974, Thank you for your feedback it's highly accepted. to be fair, i'm quite shocked to see that we're still in the range of my triangle haha!
The most concerning thing to me is i've just hodl'd, never traded or looked at a chart but always believed in the purpose of BTC but i'm starting to get a little nervous about the institutions investing in this just in case they decided to sell the company's load all at once causing a massive trigger of stop losses and other sales due to FUD.
The most concerning thing to me is i've just hodl'd, never traded or looked at a chart but always believed in the purpose of BTC but i'm starting to get a little nervous about the institutions investing in this just in case they decided to sell the company's load all at once causing a massive trigger of stop losses and other sales due to FUD.
Thanks AD1974 for taking time to reply (Y)