Has broken 100 ema yday which was long resistance now acting as support. look for break out and short or long with first supp or resistance as targets
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Comparing BTC bull run of 2013-2017-2021.. In every bull run BTC after making a top BTC is settling below 0.78 Fibonacci level, at the same time RSI also gets accumulated, so there's a good chance that BTC may follow the same!! Question is how do we know its a top ? - currently if may month candle closes bearish, then evening star formation will be validated ,...
BTCUSD is looking for great buying opportunity to reach at $65,000 at the top after having 52% correction & formed descending channel on 4h.
We took a look at comparing the 2021 bull run with the 2017 bull run looking for similarities. While many are thinking we're looking at a huge rise after the current drop, it's possible we'll see a rise but a smaller version ending with a blow off top and the end of the bull season.
The previous support which was about $43400 has been broken. However, BTC tried to retrace but failed. The next support for BTC is at $28800. If I'm not wrong we will see it soon. Hope this to be one last hit before BTC moves back to $43400, and break it as well in uptrend.
COINBASE:BTCUSD It might fall back to 35250 or even 35000+
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This is that there was a success full end of head and shoulder. Here is 0-5 is what happens after head and shoulder, the time decided here is not calculated it assumed. But this what BTC will do next. $BTC For Short in BTC there is link mentioned bellow.
AS per the chart a small channel of upward trend is forming, and if this channel is obeyed then we can see BTC back to 42000$ position by 23rd noon. The verification is done by successful close of Head and shoulder pattern in 4hrs chart, which is mentioned in my previous idea and will be attached in this as well. For long you can see the BTC 4hr idea. $BTC
All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions .
BTCUSD is looking for great buying opportunity, after having 53% correction & formed descending channel for the entry stick with 1 hr timeframe.