$BTC $19,894 support tested as expected😎😂😂, Last 4H close looking bullish could move sideways above $19,894 towards $20,338 resistance. 1D close of yesterday was follow thru of the bearish engulfing from the last weekend. Continue watching given S/R areas.
Structure = Adam and Eve RSI= Ascending and well supported Directional Index- Positive Sellers Exhausting - Sell pressure reducing Confirmation- MA50 to cross MA200 for confirmation , once that confluence been developed we should see price movement towards 25k
Historical analysis shows that , as and when we double top with low volume we fall bad See Iteration 1 and 2 we doubled top and fall bad This iteration is bit different , we are near double top, BUT we have a heavy volume candle , which was missing earlier Probably what I am looking at is 1- To remain bullish BTC has to break all the fuss with another volume...
$BTC $20,812 resistance remains strong with current support at $20,338, last 1D close with bullish engulfing if played out we could see $20,812 being tested with good strength today.
I think we will see some pump. some more text, again some more text.
BTC is looks kinda bullish, Pick up some bags at our buying zone and aim for TP1 and if our luck favours we might hit TP2
$BTC Testing $20,338 resistance area, last 4h close with bearish pin bar, current support at $19,894. Needs to close today's daily above $20,338 to avoid bearish pin on daily.
So our buying zone is still that same zone, btc can go up from that zone
Btc can go up after bouncing from that support so our buying zone is that zone near that support
BTC is holding above this support right now market is pretty unstable, trade carefully, hitting stoploss is most probable case so trade accordingly, We have 2 TP in this case so use those according to your risks DYOR
in 4hrs time frame we can see a Adam – Eve pattern so we can expect a retest and crash again
BTC long entry zone, Use stoploss mandatory take entry carefully, market is unstable
Long BTC in this level its maintaining the support, thats a good buying zone, and maintain stoploss
This is a 30Day trading challenge in which I'm gonna perform series of trades
In this series we are going to trade a series of trades to see the result and at the end I'm going to share the results to stay tuned
In this series we are going to test our strategy on a series of trades to see the results
$BTC $20,338 support came in effect breaking $20,812, 1D close with bearish pin bar. Last 4H close with bullish doji. Expecting range of $20,338-$20,812 here for today.
In this series of trade we are gonna execute trades and see the result