VentureBroOffical

Bitcoin rebuy zone

VentureBroOffical 업데이트됨   
BINANCE:BTCUSDT   Bitcoin / TetherUS
If BTC were to drop and all players wanted to keep the game going..

It would make sense to drop it to the 0.66 (~27400), some factors:

1) Russian invasion going on. 1 nuke and all markets plummet.

2) 2nd peak was higher then the first. In order for a continuation pattern to form (expanding wedge), their needs to be a lower low. Otherwise this is double peaks and we are heading to a lower support.

3) Another rally here would take BTC into ascending triangles. Unless this is a pendant and we are bullish

4) Rectangle the height difference from peak 1 and 2. Lands perfectly at 0.66

Neither bullish or bearish here, already sold shorts. Not an easy spot to re-enter

Open to alternative opinions, but looks like a down trend continuation pattern here
코멘트:
5) Russia is following the footsteps of china and launching a firewalled network which will isolate it from the world. Lord only knows where that is going.
코멘트:
stopped on the 0.78 fib channel. going to try an entry
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