👻 TRADING ANALYSIS [BTC]: Measured move right on the money ! 💰
Hello Everyone !
First and foremost I hope you all had a great weekend.
- Following part 1: https://steemit.com/cryptocurrency/@tatchcapital/trading-analysis-btc-a-complete-recap-on-bitcoin-current-pricing-and-were-it-will-go
- And part 2: https://steemit.com/bitcoin/@tatchcapital/trading-analysis-btc-follow-up-on-today-price-action
1) Measured move
As planned yesterday price kept on going down. It went right on a measured move, reaching 5777$ with ease.
2) Rebound and whipsaw
Also as expected price retest the down trend line (pink line) offering some small quick trades.
Price is now less "clear"; downtrend is in place (direction) but the 'how' is less clear to me (intention).
As always is such cases, best is to sit on our hands and wait for the next pattern :D
Don't hesitate to join us, ask questions in comment section, etc
Much love
Cédric
Tatch Capital Limited
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