hello guys . hope you all having a good time so we are here and i'm going to tell you whats happening . as i said before ( previous idea you can check it out if you want ) we were in an accumulation zone and we had 3 support 1 trend line 2 static support 3 and another trend line that we broke it already we had a double bot there and after that with a good movement we broke our resistance with good volume and again we have some news ahead (tomorrow) that can help us (fundamentals are important in crypto community in my opinion) and go higher in the price ( if we hear good news ) we have 2 more resistance above us that can hold us a little bit (in my opinion and maybe not) and after that we don't have so much important resistance up to 28700 we can close our daily candle above 23460 have some rest and wait for tomorrow news and after that maybe some positive movement again have a good trade and stay tuned for updates of my ideas and you can follow me for more if you like my idea
Note
was it fake ? lets find it out by the end of the day and after 4H candle close
Note
big daily shado that maybe help us for tomorrow and go higher price more easy if we hear good news and have a good reaction
Note
are you guys getting ready for the news ? its close to us
Note
still under our resistance and in the accumulation zone also . what do you think will happen next ?
Note
we have EMA20 as a support under us (1H)
Note
we have a trend line from 20400 to 22400 that price is reacting to it . lets see what will happen . and also we have important news today . be careful . and stay tuned
Note
still in the accumulation zone
Note
and still in the accumulation zone . but we are in an important place . if we could stay here it will be good and maybe we can see higher price . but if we reject from here maybe we can see lower price or some correction . we have 2 more day for monthly candle . remember we don't have an rough resistance in our way to 29000 but still we can have a rest and fill the FVG that we have , in that scenario it will be great for the future of bitcoin price . stay tuned and follow for more ideas
Note
as you can see we had a fake break out in (1H)
Note
and remember if we brake our accumulation zone we can jump on the price (black arrows)
Note
dont rush it can be fake break out wait for (4H) CLOSE candle
Note
we have 1 hour and 22 min for closeing
Note
is it going to close like a pin bar ? in 1h
Note
nice movement . do you agree ? follow for more ideas
Note
accumulation zone break beautifully and a nice movement after that as i said before
Note
look at 4h candle . that's what i was talking about . and that's what wee need
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.