Hallo again ladies and gentleman
Bitcoin seems not enough yet to go to downside
Last week i made an idea that connected to this
Here's i give you 2 scene :
Scene 1 : if Bitcoin have a good close bellow the red pin line (the red dot i draw) it's quite likely that we will bounce from previews support then go toward the upside again.
Scene 2 : if Bitcoin move consolidation in the bommon of channel, we might be continue to downside till the bottom of support area in this level (or you can use MA) before make a rally movement again.
At this point we are still moving the range channel.
If you want more please comment and support by boost my idea.
Always becareful and keep on your own analysis.
~Sinn
8/12/"22 11:00 (UTC +7)