A cleared breakout image shows on bitcoin chat Without any confusetion It's a Good entry don't hegitate to sell a good amount big upcoming crypto move enjoy the oppurtinity
Bitcoin for last 10 day is being consolidating after a nice fall of 10%. The coin is consolidating in a range of 1% and there can be a nice move one it breaks the consolidation zone. On the weekly charts, it is taking support from the 200 ema i.e. 25670 and has retested after testing the levels. Even on the daily charts, there is also a bearish moving averages...
Time frame 1 hour, going long at support where as the risk is low like every other trade as per my setup. There were multiple thoughts before entry if I should enter or not. I am sure this happens with many novice trades like me but to be in a league of professional we've got to enter a trade as per our own trade setup without a second thought. If there is a trade...
Bitcoin INtraday ...target 2 times, here as you can seen :Long position is established by me, with small SL, more quantitiy to be added as 5 and 15 RSI are in oppostie side.....than 45
might get down for short term to the 55k. head and shoulder pattern is forming now.
Chromia CHR is forming Rising Wedge Pattern If BTC fall below 42k then CHR will come to 15Rs
near term tgt 65800 if able to sustain above this then 71200 - 74900 for bulls 49000 is imp level to save else bearishness may start
Conclusion $BTC / USD #BTC $BTC #bitcoin Bullish 1 if btc hold 8950 this support then target 9590 2 if btc cross 9590 and stop then target 10000 Bearish 1 if BTC goes down below 1st support 8950 then 2nd support is 8450 2 if bearish power strong then 3rd support is at 8090