BTC Forming THREE INDIAN patarn - there is some hope
MARKET UPDATE
My first scenario that BTC will go lower 6k$ worked, but because of market manipulations I was a bit confused and decided put stoploss for my previously opened SHORT, because there was a risk of going to 7200$. Missed with stoploss value, I should put 6300$ as a stoploss then short could work perfectly. But sometimes better have insurance.
So, today's agenda is the next question - WHAT'S NEXT? Or better say WHAT IS THE FURTHER BTC TREND?
If you remember previously I wrote that BTC after touching the area at 5750$ should bounce up, so now I see THREE INDIANS pattern. This pattern will work ideally if price drops to the area 5750$ and then bounce.
TARGET: 7100$ with stopover at the area 6300$-6500$ (Ichi cloud border on H1, H2, H4).
There is also possibility that BTC could drop with one candle to the area at 5450$-5550$ and after expect fast bounce.
I will update this chart as new info comes up for my followers.
The information provided by @arjunsingh is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
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