WEEKLY BITCOIN WE ARE NOT...BITCOIN's all time High on 08Nov21 @69198..7
Bitcoin extreme POI is not mitigated yet!
We can see a couple of HIGHS as well if we see High in Descending order we can see the yellow colour represent the third high @32446.5
Once the Price Breakout the third high after that we can say we are in BULL MARKET!
WE ARE NOT IN BULL MARKET YET!!!
BULL TRAP!? BINANCE:BTCUSDTPERP
CORRECT ME IF I'M WRONG!
Btcupdate
BTC UPDATE#BTC UPDATE 3 :
In 1W TF Remember properly i discussed this market cycle, According to stan Weinstein Theory that for an actual mark of phase first we need a proper capitulation phase we are expecting further capitulation phase or range bound mark of phase and then actually move makes a lot of sence.
BTC updateAs u can see btc bounce from my red line and RSI in 1 day Chart is near 25 to 27 the things to notes we can clearly seen 2 big bounce when BTC have touched 1D RSI 25 to 27
Right now the support is 42k$ if it goes below we can expect 39k$
NOW MY OPINION
As i have already posted a voice message in mornings btc i have seen 2 times big moment when BTC RSI has touched 25,27 I'm expecting a upper movement from here and onechain data is showing that volume is coming to buy
AXS RETESTING MAYBE GOOD TIME FOR LONG TARGET 100 DOLLARaxs was getting ready for breakout now broke out and retesting the support maybe e can take a long from here it is risky but rr is good #NFA watchout the rsi if it goes up after trendline then take long with sl below support
HAVE A GREAT PROFITABLE TRADE
BTC/USDT is in UPTRENDBTC/USDT is forming an uptrend on the 4H time frame chart.
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