BITCOIN: Next resistance $10k???
If you go take a look at my 2 previous charts you will see that my predictions have been pretty on point. If my price prediction wasn't on point, my chart was lol.
I'm seeing the same pattern happen over and over, price comes up, goes down to the open of the bullish candle, then shoots right back up. Im not sure what this pattern is called but you can see a better detailed explanation on the chart, if you know what it is called please help improve my trader vocabulary.
Right now, if we manage to close above $9650 i will be expecting a very confident move upwards to 10K.
BUT IF NOT, I will be expecting a small retracement to $9500 - $9450 play out over the next few days.
No need to make trading more complicated than what it is, just find a pattern, set a plan, stick to the plan, and be patient.
I'm seeing the same pattern happen over and over, price comes up, goes down to the open of the bullish candle, then shoots right back up. Im not sure what this pattern is called but you can see a better detailed explanation on the chart, if you know what it is called please help improve my trader vocabulary.
Right now, if we manage to close above $9650 i will be expecting a very confident move upwards to 10K.
BUT IF NOT, I will be expecting a small retracement to $9500 - $9450 play out over the next few days.
No need to make trading more complicated than what it is, just find a pattern, set a plan, stick to the plan, and be patient.
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