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$BTC Up Or Down!?
See how the 5 minute 200MA is following that top red line to the bearish flag almost perfectly?
This looks like it's probably wave 4 in the pattern.
Getting ready for a possible wave 5 to go touch the top trend line one more time.
These targets are approximate because the breakdown has not occurred yet.
When the breakout or breakdown occurs, you drag the measured, move to the point of breakdown.
Now your nailing targets.
Just gotta nowhere to find the measure moves!?
I'll be going over this in a trading course im developing In the near future.
So now, just like earlier, if you wanna see price action, go to the downside and you're in the short.
We want to see this yellow 5 minute 200MA and start curling over and pointing down.
If the bulls are able to push price action back above the 1 and 5 minute 200 MAs, we could see a resumption of price action to the upside.
At least go test a double top.
NFA, DYOR ⚠️
#Crypto #Trading #BTC
NFA, DYOR ⚠️
#Crypto #Trading #BTC