Now that it's confirmed that BTC is consolidating in a triangle pattern, I hope you all have made some profit. I predicted the formation of this triangle pattern way earlier. The CME gap between 62,000 and 64,000 will sooner or later fill. The target prices for this trade are as follows: - 69,601 - 69,011 - 68,111 - 66,111 - 65,111 - 64,111 Stop loss (SL) at...
Monday started very stormy for the crypto market.🔥💥⚡️📉 And it showed that not only Elon Musk can manipulate the market. 😆 And while waiting for positive news, a random fake can create a storm in the desert. What happened today, when Mr. Bitcoin flew from 27.9k to 30k. The truth came out within 5 minutes, regarding BTC-ETF, and the price returned back, from where...
Reasons to short BTCUSDT --> 1) Downtrend's pullback, build up of bearish flag pattern 2) Multiple resistance to clear 3) bounce from resistance with no clear signs of follow up buying Reasons to long BTCUSDT --> 1) Price showed bounce from support with morning star doji in 4H timeframe if you are willing to short wait for confirmations like: --> candle close...
The top-down analysis of BTC/INR according to price action. Don't Put maximum reward on this short. Try 1:2 or 1:3 reward ratio.