Chance of Reversal Up from Bottom of Weekly Trading Range / BTC

Bitcoin / TetherUS BINANCE:BTCUSDT

AmirSoraya

Bitcoin Weekly Analysis:
Huge weekly trading range(BLUE BOXES)
2 Legs down, Now at the bottom of trading range
**Market movements usually happens with 2 legs: 2Legs down/2Legs up**
Possible final flag near bottom of range
$24,330 possible bears target(Measured Move)
60% chance of reversal up from bottom of range
Bulls want strong signal bar to enter
**80% of trading range breakouts fail**

You might be interested in …

Trading View April 4, 2022

Klaytn is going to 5$ real soon!

Klaytn is going to 5$ real soon! Klaytn/Tether OKEX:KLAYUSDT ahnler Below 2$ is a gift 🙂 Klaytn has potential more than luna. just waiting a little more for big Bull run. 1st target 5$ – […]

Trading View April 12, 2022

ADAUSD: Potential 84 to 75 Cent Range the NEXT 2 Day Candle

ADAUSD: Potential 84 to 75 Cent Range the NEXT 2 Day Candle Cardano / TetherUS BINANCE:ADAUSDT WyckoffMode Hi Everyone! The NEXT 2-Day and 3-Day candles appear to have increased odds for more downward pressure continuing; […]

Trading View February 7, 2022

It's time to short

It's time to short Bitcoin / TetherUS BINANCE:BTCUSDT BTCmonkey Hello I think we are going down to test 30k (If you opening short, make sure you have stop loss above 44.5k) . If we broke […]