Hello This is D.VA
Today's analysis is about inverse chart of 1D Bitcoin expecting the probability of both deviation ways.
<Bullish Scenario> - Scenario #1 (80%)
Probability of making cup-handle pattern following the blue convex line, which is diminishing the declination slope.
To follow this scenario, it should hold 6000$ level.
<Bearish Scenario> Scenario #2 (20%)
This can happen if the strongest support line breaks down.
if the price breaks 6000$, the declination can be accelerated especially if 5750$ line crashes.
The target of this case is 4900$ where crucial support line and Fib ratio overlap.
Whatever the scenario is, the volume gonna be pumped if you see the indicator.
D.VA team put this situation more bullish than bearish.
Unless it breaks 6000$, we will recommend you more altcoins putting 5700$ be stop-loss.
Hope this be helpful to your investment^^
Today's analysis is about inverse chart of 1D Bitcoin expecting the probability of both deviation ways.
<Bullish Scenario> - Scenario #1 (80%)
Probability of making cup-handle pattern following the blue convex line, which is diminishing the declination slope.
To follow this scenario, it should hold 6000$ level.
<Bearish Scenario> Scenario #2 (20%)
This can happen if the strongest support line breaks down.
if the price breaks 6000$, the declination can be accelerated especially if 5750$ line crashes.
The target of this case is 4900$ where crucial support line and Fib ratio overlap.
Whatever the scenario is, the volume gonna be pumped if you see the indicator.
D.VA team put this situation more bullish than bearish.
Unless it breaks 6000$, we will recommend you more altcoins putting 5700$ be stop-loss.
Hope this be helpful to your investment^^