all i see now that it's targeting 7190 maybe even more ( but actually the main target for this movement should be 4050) only 1 monthly candle close above 7620 could safe btc from that horrible fate
i don't see any reversal time soon, but i'm sure there will be soon from smaller time frames.
i'll keep updates if anything new come up
This might not be a sign of reversal but i would say that technical aspects arent really precise anytime.We can presume that BTC can break out
your expectation anytime.
Didnt even expect for its price to rose up for $1k in a matter of few hours.What you think?
for now, the Mass price is 8140, if u want to know if a reversal going to happen on Nov 11th, keep an eye on 8140 and how the price will react to it.
if the price respects it and treat it as a support, then Nov 11th is the reversal day
161.8 of the broken daily down channel should be the target, then we must see a down movement after it, but nothing further than (8140:8084)
and if the price moved close enough to the pattern on the chart attached, the reversal should be on Nov 11th