mkv22
@t_mkv22
What symbols does the trader recommend buying?
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mkv22
Could the BTC pop be a fake out? Or is this a bear trap? We will know in a few days...
mkv22
Looks like BTC might smash through 67K Fib level. If it does without a pullback, 75K is the next target.
mkv22
mkv22
The chart is self-explanatory. Previously, there was bearish arc that was traced with a lower breakout point. It appears that the arc to extend up to the recent high and the trend can be bearish...
mkv22
Previously published a related chart - "Is-Bitcoin-more-bearish-than-bullish-in-the-short-term". Please note that the bearish arch has been adjusted to the maximum extent possible. Any breakout now is most likely only bullish. Cliffhanger time!
mkv22
If the 20 EMA (daily) holds it might bounce back to a higher target of well above 250, or it might go down to near 100 and bounce back again. The ultimate target looks like it is the same in both cases though...
mkv22
Multiple potential arcs with multiple (three or more) touch points in play?
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