Current status of the market-maker cycle (Master Pattern) with BTCUSD. It's currently in the trend phase (to the downside). Trend phase can end at $30k to bounce and continue its uptrend, eventually testing the Average Price line at $58k,
OR the current trend phase can continue to break-down to the next tier, currently set at $20k.
Plotted are a few different scenarios. The exact scenario will become more apparent in the coming weeks when new price action becomes available.
Note: *Logarithmic scale used, *Past performance is not indicative of future results, *Trade only with what you can afford to lose completely (aka, don't trade with your kids' college money!)
OR the current trend phase can continue to break-down to the next tier, currently set at $20k.
Plotted are a few different scenarios. The exact scenario will become more apparent in the coming weeks when new price action becomes available.
Note: *Logarithmic scale used, *Past performance is not indicative of future results, *Trade only with what you can afford to lose completely (aka, don't trade with your kids' college money!)
Having success in your trading journey? We'd love to hear about it in our growing community. I love making new tools and innovating for retail traders that hope to achieve financial freedom. Check us out at DripTrade.com
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Having success in your trading journey? We'd love to hear about it in our growing community. I love making new tools and innovating for retail traders that hope to achieve financial freedom. Check us out at DripTrade.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。