Bitcoin Analysis from senkaizen As of now from ,y previous post suggested that we need more liquidity and bitcoin push the barrier without big news but the greed and hype brought new retails and some big players in the market and break the 1LAC $$$ path but its made a wick not a strenth candle nearly 104 NYSE:K now coming to analsis btc will start falling slowly...
History will repeat itself bitcoin going to crash till 40000$ as bitcoin always drop 80 to 60% of its present value and there is no other momentum is there to bitcoin will hit 1lac $$$$ bit event already ended and halving us elections etf and investments from giants from other hedge funds simple logic is bitcoin hardly go above 92 thousand as need more heavy...
4hour chart bullish confirmation in a day and now going broken 2 level at resistent and trend level so
Demand Zone 3929/ 3979 Buyers momentum are strong in past strong bullish candlestick inverted hammer at support 4040 strong major support zone 3923 eth usd is minor bullish but major bearish trend changed totally in last few days. upcoming days are bearish
Bear market is on now dont hold your bitocin for long term
Two scenario in lts creating Bullish flag pattern for next move waiting for confirmation to break out this pattern but still we have two scenario for upcoming days if this pattern break out happen then its good for short term trade but if btc moved in bullish form again then chance to watch some red day candles wait for confirmation ill upadate soon
Pull Back occurred waiting for confirmation ill update tomorrow
A greate pull back and reversal pattern occurred in this coin you can take short trade for 5% to 10% profit and exit because btc is stable for some time but btc move alts can drop thats why take trade with discipline and invest wisely
SKL BTC can move good in upcoming day you can take some profit from this coin because BTC is in stable mood for next 2 to 3 days i showed some targets you can use some money management and don't forget to use stop loss to avoid huge loss also don't invest all of your fund in one thing be care full because market can move any where you can't predict everything...
INJBTC Have nice opportunity waiting for the confirmation If its break this tringle pattern then you uptrend in continued if break then also good for deep entry
XRP drop almost 50% of its price but from this point looking good for buying in short term trade i can't suggest to hold more then a week also you buy near 1150 to 1200 and put stop loss 1050 to 950 sell T 1400 to 1600 you can take profits from this point. all the best this just my opinion use money management before following any thing
TA FOR MITH BTC Its falling for now but you can enter near 30 satoshi and put SL near 27 you can sell on Its testing the trend and as btc falling for short term its chance to take profit from small alts you can invet care fully 34 36 40