Hello ๐ it's me your RAJ ๐ professional trader โจ
This idea ๐ก is completely my own analysis to explain situation on market conditions why bitcoin
๐ช
BTCUSD
will not reach $16000 below ๐ it's completely my view ๐ #DYOR
Note ๐ if
BTCUSDT
day close above $32k no visiting $20k
๐ 80% technical analysis comfirm no new low ๐
๐ market sentiments and other sources with history cycle CONFIRM no new low ๐
๐ month candle close above
36K
we entered complete ๐ฏ bull ๐ run
BTCUSD
๐ why I am bearish in short period โฐ
๐
DXY
is pumping still top ๐ was not completed ๐ expecting $108 - $110
Majority of ALTS $TOTALMARKETCAP2 not showing any upside ๐ move
still considering down side ๐ฉธ still expecting bottom to ALTS so this one of reason
BTCUSDT
consider bearish ๐ untill alts completed bottom and confidence move upside ๐
๐ in my opinion better to accumulate
BTCUSD
50% around $27000 remaining below $23000
Is very good ๐ if u wait for
23K
below just flip of movement enough miss u complete chance
Use ๐ง always keep 20% back-up as per ur portfolio
, it helps when there was " wars " or economical damge
๐ I am expecting $22k
๐ if really
BTCUSD
reach $16 sign ๐ new low ๐
then I close 40% my bag ๐ฐ after comfirm ๐
I will re-buy , $16000 is range bond broken zone ๐ reaching there lose market value
it's sign
ETHUSD
reach new low ๐
even damage total market cap also ๐
use basic knowledge , now BTC turn major index to whole Crypto ๐ฎ
๐ how can we confirm when
BTCUSD
hit
23K
below ๐ that local bottom is completed ๐
It's very simple ๐ when month closed ๐ above
25K
strong ๐ช๐ฏ ๐ฅ area ๐
sign โข๏ธ local bottom is completed ๐
๐ when
DXY
left โ๏ธ parabolic curve ๐ช it's other comfirm ๐
๐ keeping comments , reacting with emojis , pointing us is very easy to some people
They think ๐ฌ what they see ๐ that was knowledge ๐
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull ๐ and bear ๐ป is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important โบ๏ธ
Some Times market easily turn suddenly bear // bull ๐คฃ even we need to catch ๐ซด those movements is also very important โบ๏ธ ๐
I hope i cleared my view ๐ if any points if I miss I will add in update ๐ post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day ๐
This idea ๐ก is completely my own analysis to explain situation on market conditions why bitcoin
๐ช
Note ๐ if
๐ 80% technical analysis comfirm no new low ๐
๐ market sentiments and other sources with history cycle CONFIRM no new low ๐
๐ month candle close above
๐ why I am bearish in short period โฐ
๐
Majority of ALTS $TOTALMARKETCAP2 not showing any upside ๐ move
still considering down side ๐ฉธ still expecting bottom to ALTS so this one of reason
๐ in my opinion better to accumulate
Is very good ๐ if u wait for
Use ๐ง always keep 20% back-up as per ur portfolio
, it helps when there was " wars " or economical damge
๐ I am expecting $22k
๐ if really
I will re-buy , $16000 is range bond broken zone ๐ reaching there lose market value
it's sign
use basic knowledge , now BTC turn major index to whole Crypto ๐ฎ
๐ how can we confirm when
It's very simple ๐ when month closed ๐ above
sign โข๏ธ local bottom is completed ๐
๐ when
๐ keeping comments , reacting with emojis , pointing us is very easy to some people
They think ๐ฌ what they see ๐ that was knowledge ๐
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull ๐ and bear ๐ป is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important โบ๏ธ
Some Times market easily turn suddenly bear // bull ๐คฃ even we need to catch ๐ซด those movements is also very important โบ๏ธ ๐
I hope i cleared my view ๐ if any points if I miss I will add in update ๐ post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day ๐
Trade closed: stop reached
$30,000 - $31,000 hitted ๐ฏ
Now it's time to ๐ reach demand zone ๐
$23000
below ๐