BTC mid term

BINANCE:BTCUSDT   Bitcoin / Tether
Continuation of an idea that I published on my telegram channel few days ago

I will trade the green path, AKA Plan 1/ until proven wrong. I will consider red path as plan 2/ as backup plan.
Bullish scenario (we break above 9700) not considered yet, and is plan 3/
交易結束:目標達成: Took some profits on the short. If 7900 holds too much we could see a final wave up before the real correction
評論: i'm sorry, I just realised that my green lines are too high. When I drew them, I meant to make the top at 9300, not 12 000

Now, with 4 more days of observation, I can see a 8500 double top as more logical if we don't retrace more to get the fuel for that last up impulse... but "ideal" scenario is still a retrace lower in the 7500 zone and impulse up

Anyway, be careful with your alts. Don't be the last one at the party or you will be on clean up duty

Stay frosty
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