Cryptos
btc in danger zone if this happensbitcoin has surprised many of us , we have been witnessed a rapid week of bullish but it all came after a deep dive of $19600 and now btc is trading around $28500 what major concern here for bullish reversal here is
if it comes below $26330 then short position will make their high posittion
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If bitcoin doesn't follow this , these are some supports level Bitcoin close the weekly candle above the $25,000 key level. We will see a last wave toward the $29,000-$32,000 resistance level. You can start booking profit or increase your stop loss as we might see a test of the $25,000 level in the coming weeks.
if btc doesnt close above $28700 then the reversal patterns for price action start to perform and bounce back previous week price.
do your own research
this is for educational purpose and mention your comments and opinion below
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Clearly Placing a Hedge Trade hereI love traders who accept and know that anything can happen and then strategise.
I am just enjoying the roller coaster and swinging with price actions.
BTCUSD : Looking for long, expecting to reach at $60k!BTCUSD is looking for long opportunity after DXY seems weak across the board & GOLD crashing this will play a big impact on cryptocurrency & expect to reach at the top after having descending channel formation on 4h & has forming consolidation to the continuation to the upside.
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