BTCUSD daily channel still remain valid ,rise or fall?
Atualizado
Ok lets take look at daily chart cause all targets of lower time frames reached :
1.Start of fall from ATH that was expected and we talked about reasons :
2.then after that market provide some range and start to rise again we talked about weakness and falling again :
market is strongly bearish now ?
where to buy or add more BTC?
is it safe any more to invest on long positions?
for sure answer to these questions should be done by your own decision
but lets talk about market and bitcoin in upcoming days there is two possible scenario left :
1.that was just some stop loss that activated and market is ready to close these daily candles in channel again and continue to rise and maybe new all time high or..
NEW ATH expected:
A.70K
2.that was just beginning and more falling and correction is expected to the green lines that mentioned on chart .
Targets:
A. 60K
B. 40K
C. 30K
in next few hours or days we will talk about the short-term situation once again
share your idea and opinion and which scenarios you think is possible in comments and lets discus .
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
1.Start of fall from ATH that was expected and we talked about reasons :
2.then after that market provide some range and start to rise again we talked about weakness and falling again :
market is strongly bearish now ?
where to buy or add more BTC?
is it safe any more to invest on long positions?
for sure answer to these questions should be done by your own decision
but lets talk about market and bitcoin in upcoming days there is two possible scenario left :
1.that was just some stop loss that activated and market is ready to close these daily candles in channel again and continue to rise and maybe new all time high or..
NEW ATH expected:
A.70K
2.that was just beginning and more falling and correction is expected to the green lines that mentioned on chart .
Targets:
A. 60K
B. 40K
C. 30K
in next few hours or days we will talk about the short-term situation once again
share your idea and opinion and which scenarios you think is possible in comments and lets discus .
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Nota
take look at this strong trendline that broke too:
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
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