Trading
Bitcoin – the best scenario!
The Bitcoin continued the sideways around $40k. I think that you are bored of my standard analysis methods. Today let’s use the trend and countertrend...
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The Bitcoin continued the sideways around $40k. I think that you are bored of my standard analysis methods. Today let’s use the trend and countertrend...
We can see that it formed the symmetrical triangle. This type of patterns have 2 possible scenarios...
While the Bitcoin is staying at the same level let’s try to understand what is going to happen globally. We can see that the BTC is forming the 5-wave...
Yesterday we bought the Bitcoin at $39300 according to the strongest long signal. After that the price pumped to $41500 and now we are going to unders...
You already know that I suppose that the Bitcoin is in bear market, also you know that I executed long trade at $36300 because the bounce was anticipa...
Looking at the local timeframe I suppose that there is high probability of dump next 24 hours. Why?...
I thought that the potential local bottom is going to be at $37500, but the BTC hit $38300 and now is forming the reversal setup....
That is why I will not be surprised if this major resistance is going to be broken easy....
I am still holding my long trade but closed 50% because I suppose that this price growth can end even earlier than I said earlier....
The price pumped to $40500 and a lot of traders suppose that it is the bullish move start....
What is the target for this correction? If we look at the previous trend reverse in July 2021 the price broke through the 26 EMA and the first correct...
I supposed that the Bitcoin is in large distribution phase and now the price is going probably to enter into markdown phase....