Last night, it dropped and then made a bearish consolidation inside the base, the downward target paid off after being accompanied by BTC dropping as well.
The current price level is the downside target of the bearish consolidation.
when the drop earlier made PO3 from the falling wedge
managed to reclaim fibo 382 which means market sentiment is still good.
prediction of this base pattern Descending broadening
if calculated from the last falling wedge, the upside target is right at the 3rd Resist.
later after the 3rd resistance there is a minor/major reject first before breakout
main target to fibo 2,618
if there is still a continuity pattern it means 200$ is possible
The current price level is the downside target of the bearish consolidation.
when the drop earlier made PO3 from the falling wedge
managed to reclaim fibo 382 which means market sentiment is still good.
prediction of this base pattern Descending broadening
if calculated from the last falling wedge, the upside target is right at the 3rd Resist.
later after the 3rd resistance there is a minor/major reject first before breakout
main target to fibo 2,618
if there is still a continuity pattern it means 200$ is possible
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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.