Bitcoin / TetherUS
업데이트됨

Both Sides Of The Story

2486
Back in June 21st, I shared this idea on the similarities between accumulation and distribution and possible failure points.

Redistribution The Evil Twin


There were two points of possible failure. We have just passed the first one, however there's still a chance for a breakdown. Don't forget, we have not yet exited the trading range, so we could still go both ways.

I'm expecting lower highs and a descending triangle formation. We can still break this triangle in both ways.

Note that a spring in phase C is not required, but is a possible move. I didn't include a spring here, use your imagination.

PS. I'm publishing my ideas based on my position not yours. When i post a short idea, i'm not telling you to short now, i'm telling you i'm short and i could be short for a long time before i publish this post, which i am. Take the time and educate yourself on technical analysis. I've created a free resource page for this:
https://bit.ly/2UOLwsW
Do your own research. I'm not providing financial advice.

Be safe!
노트
67k or 8k First?
Bitcoin 67k or 8k First?
액티브 트레이드
Bulls win, we're going to 100k!
Bulls Win. We Are Going To 100k!
노트
Point of No Return
Point Of No Return!

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