TradingOn

$BTC/USDT 2D (Binance Spot) Line fractal from 2019

TradingOn Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
This Bitcoin scenario is still in play as well, not that I want it too happen but surely to consider!
Comment:
Fractal seems to be mirrored after all so I drew it in blue to see what would happen if we keep bullish for a week or two.
If we break 100EMA (orange) then I would still expect some more ranging but a bigger one like 49k-29k.
If got rejected here again then road to a new LL around 27k would be in play with all the fear and uncertainty that comes with it!


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.