BTC (Y20.P4.E20).Price Action - WIll Livermore play out

6 nov. 2020

Hi All,

Lets play a scenario that is likely to happen, which has repeated many times over in the history of BTC > both Macro and on the micro level (H & S).
In this chart above, I have both the Livermore speculative chart along with the Head and Shoulders formation.
I will likely not get the price levels right but I am comfortable with the thought that a similar formations will take place.
Its like triangles, they appear everywhere on BTC.
Note: MR and WR are monthly resistance and weekly resistance.

Either way, its a theory that I will look for alignment to make sense of the future price action.

As for examples of the top formation, look at a few examples below:



LINK PRICE ACTION - Livermore speculative chart.



Please give me a like or tick for this post


Regards,
S.SAri



My BTC dominance chart

8 nov. 2020

Note

12 nov. 2020

Note

on the way to reach point 9.