still looking for the price to come down.
I am investing in bitcoin, rather than trading.
for trading people, this is a good time for short, sell.
hope, at least price will come to yellow zone, which is strong support zone.
use proper risk management.
Thank you
Possibility of bitcoin in coming weeks.
Investors need to wait to price come down before it shoots up.
for traders, next opportunity is mostly sell.
Use proper risk management.
Thank you
Bitcoin now is in uptrend, but 4H chart clearly says that it is in inverted H&S pattern.
so as an investor, i will wait up to the retracement level to invest more in bitcoin.
If you are a trader, you can focus on more sell, if you are an investor wait till it comes back to shoulder zones.
Thank you
LTF last upside push before down move
lets see whether it gives last push before drop for PB
this could drop without giving last push so just risk less % and save it for main move to the downside
BTC USDT ANALYSIS 4HR , FULL CLEAN EXPLANATION...
btc had a pattern breakout or we can say down trend breakout , "here we can see a retest possibility or demand zone possibility , so there is partial short trade .. but evryone are going long now but i belive it will come to demand zone and go up or come down till retest area and give a pullback..
Thank you :)
4hr timeframe is forming a double bottom
After a proper formation of double bottom we can go for short
Best time to go short
Share your opinions in comment box ..
Thankyou..
Still we are looking for a short on Bitcoin.
Reason why we took short is a forming of inverted flag pattern in Daily chart.
And also we have H& S pattern in Weekly chart also.
Use proper risk management.
Thank you
From 2015 $BTC closed below 50 MMA for the first time in June 2022 but still hovering above rising trend line support. Till it holds above this can move towards 28750.
On the flip side, MCB below trend line will be very bad sign not only for BTC, even other cryptos will start to collapse. So look out for the trend line on MCB
