If you followed my last analyse you see the H&S pattern worked well. it shows healthy trend market as it could be.
So what now?
as you could see on my chart the price passed down our main resistance line and entered the cloud that means we are dealing with
some consolidation days. if the price decline more after that I expect to see the price somewhere around 8400$ -8200$.
It is wise to set our stop loss if BTC decided to decline more because I consider it as new bear market but personally I don't think
that happen. and we have an excited time for next month.
Enjoy the market
So what now?
as you could see on my chart the price passed down our main resistance line and entered the cloud that means we are dealing with
some consolidation days. if the price decline more after that I expect to see the price somewhere around 8400$ -8200$.
It is wise to set our stop loss if BTC decided to decline more because I consider it as new bear market but personally I don't think
that happen. and we have an excited time for next month.
Enjoy the market
