Bitcoin on 3h chart by RB
Updated
Hello dear friends! I'm happy to greet you all!😊
Once again, I disappeared from TV for a few months!😔
Gathering my willpower, I am coming back, trying to stay connected, but my psyche, shattered by the war, adds its own adjustments, and I retreat into myself and disappear again!
I get frustrated with myself, take a deep breath, learn to live with all of this, which is why I am trying to come back and continue seeking inspiration here, on TradingView!
For me, this place has always been a refuge and a source of creative inspiration. I poured my soul into every post and found a response in your hearts!
That's why I'm here again, sharing my thoughts with you!
https://www.tradingview.com/x/7H4nrDGk/
Let's take a look at the 3h Bitcoin chart - it provides a clearer view of the channel, that the price has been forming since the beginning of 2023 (quite a long period)!
In my humble opinion, it's about time for the price to break out of it! Analyzing the situation, it seems to me, that the price movement indicates a downside breakout with a slight pullback to dynamic support (the lower channel line).
So, in the near future, we might witness the price dropping to the level of 27,800 - 27,500, followed by a minor upward correction, and then a decline to around 26,200, with a subsequent price rise to 27,800, and further decline below 25,000.
Whether my forecast comes true will be revealed over time! Meanwhile, I would be interested to know how you are doing? Any success in trading? Feel free to share your predictions! Waiting for your comments!
Always sincerely yours,
Kateryna♥️
Once again, I disappeared from TV for a few months!😔
Gathering my willpower, I am coming back, trying to stay connected, but my psyche, shattered by the war, adds its own adjustments, and I retreat into myself and disappear again!
I get frustrated with myself, take a deep breath, learn to live with all of this, which is why I am trying to come back and continue seeking inspiration here, on TradingView!
For me, this place has always been a refuge and a source of creative inspiration. I poured my soul into every post and found a response in your hearts!
That's why I'm here again, sharing my thoughts with you!
https://www.tradingview.com/x/7H4nrDGk/
Let's take a look at the 3h Bitcoin chart - it provides a clearer view of the channel, that the price has been forming since the beginning of 2023 (quite a long period)!
In my humble opinion, it's about time for the price to break out of it! Analyzing the situation, it seems to me, that the price movement indicates a downside breakout with a slight pullback to dynamic support (the lower channel line).
So, in the near future, we might witness the price dropping to the level of 27,800 - 27,500, followed by a minor upward correction, and then a decline to around 26,200, with a subsequent price rise to 27,800, and further decline below 25,000.
Whether my forecast comes true will be revealed over time! Meanwhile, I would be interested to know how you are doing? Any success in trading? Feel free to share your predictions! Waiting for your comments!
Always sincerely yours,
Kateryna♥️
Trade closed: target reached
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