If you're new in the game, check out my previous analysis .. BTC Swingtade bulls defend 50k and BTC Swingtrade Part II bulls attack !!
Just a correction or on the way to new ATH! As we can see, the channel in the bearish rising wedge works perfectly and we reached our target to the point.
For a new long entry we waiting for a HH in LTF ore for a 0,5 - 0.618 fib retracemant ( 61100 area )
My SL is below the 0.786 retracemant at 60600 usd.
Trade carefully and have stop loss for sure . Past performance is not indicative of future results .
if you have any question feel free and comment !
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Dyor and trade save !
previous Ta
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No good sign IMO 4h bearish engulfing and no reaction on 0.618 in LTF.i m waiting
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strong bearish pressur It is important to always wait for confirmation before entering into a trade. If you are not a scalper, do not catch falling knives, you will cut yourself.
I'm slowly starting to think about whether a bigger correction is pending. At least we will need longer until we reach new ATH, latest at the rising wedge support we should bounce ...... check this out
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Gan chart worcks
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Binannce suspends its service at 2 am, due to maintenance work for at least 2 hours.