hello guys at the moment of writing this post we think that it's very difficult to predict what's going to happen next in cryto space especially by looking at charts of btc but we will try our best to give you our opinion on and our bias towards bitcoin, ok let's start-Right now we think that our major resistance line is very crucial to break for bulls to come...
This is my opinion of today's situation on crypto markets.
descending triangle on the back of huge supply on a consistent basis on the weis wave..! Time to be careful, although not taking trade....
Reversal expected n BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD COINFLOOR:BTCUSD Reversal expected now Rationale 1.Potential reversal zone matches with lower margin of cloud 2.demand shortage started on weis wave 3.guts n blood
you can see my last post bitcion near to 11500$ and now going to bearish for small moment you can use stop loss 10200$ for safe zone if bitcoin not cross that support level so it will go to 12500$ next target if not then possible to go near 9500$ resis level
We need a coorection from 5400 to 8k to 9k if this happn after this in upcoming week we can see btc uptrend starting chances buy 5500 to 6500 under
Short BTCUSD below $11000 T1: 10750 T2: 10350 T3: 10000 T4: 9200 SL: 11350
Short bitcoin upon the neckline break, i.e, below $4260 T1: $4220 T2: $4195 T3: $4160 SL: $4287