【M head】
Continuing from the first article, $BTC is still viewed more favorably at present.
But I have corrected the convergence triangle again, and it is still in a state of breakthrough.
I caught $BTC ’s little head today
Picture 1 is the M head that I originally drew with a satisfactory decline.
Figure 2 shows that it has indeed fallen, and even oversold.
It is normal to be oversold. Many people cannot bear the final selling pressure and another wave of selling pressure will appear.
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Will the second wave of decline be satisfied? I think it will be more difficult. If there is volume below, it means the support is relatively strong.
But this is not absolute. After all, it is impossible to predict the rise or fall 100%.
*Correction: Halfway through the game, I found that I had dropped two waves😂
Figure 3: You can see the position where I bought, which is where the line just broke.
Then I’ll be satisfied if I can do it in one wave with 125 times the usefulness~
