#BTC Resumption of the BULL trend after local correction!
Colleagues, I am glad to welcome everyone!
Yesterday, it was seen how buyers showed their weakness, therefore, decided to place limit orders for selling long positions at $ 9050 (Btc) and $ 176 (Eth), respectively. Congratulations to everyone who heeded my advice, they kept longs with $ 7900 and $ 136, and closed yesterday in, I think, an excellent profit. My decision was also influenced by factors such as:
1) The psychological level of $ 9,000;
2) KDT (rising wedge);
3) ma200 (on TF 1D);
4) Extremely strong zone of increased liquidity;
5) Testing the rH&S pattern
6) Fibonacci level 618
7) Bearish divergence (weakness of the buyer)
(I wrote about this to everyone in my post on January 15)
What we have now: as part of the correction, we tested the first locally significant support zone, which coincides with the median of the rising channel. Earlier, I wrote that $ 8460-8520 is an extremely liquid zone, from where you can try to get long. I expect the end of the correction and the continuation of the upward movement at the levels of $ 8100-8200 (2nd zone ma100). It is pointless and extremely stupid to open short deals, so I do not advise you to do this in any case. In any case, this action is the opportunity to buy a coin at a better price, so in no case should you be upset. The script will lose its relevance when consolidated below $ 7,700.
Like, if you want, I won’t lie, if I say that I will be pleased: *
Good luck to everyone!
P.S. Subscribe to my telegram channel, link in status, or contact personal messages!
Yesterday, it was seen how buyers showed their weakness, therefore, decided to place limit orders for selling long positions at $ 9050 (Btc) and $ 176 (Eth), respectively. Congratulations to everyone who heeded my advice, they kept longs with $ 7900 and $ 136, and closed yesterday in, I think, an excellent profit. My decision was also influenced by factors such as:
1) The psychological level of $ 9,000;
2) KDT (rising wedge);
3) ma200 (on TF 1D);
4) Extremely strong zone of increased liquidity;
5) Testing the rH&S pattern
6) Fibonacci level 618
7) Bearish divergence (weakness of the buyer)
(I wrote about this to everyone in my post on January 15)
What we have now: as part of the correction, we tested the first locally significant support zone, which coincides with the median of the rising channel. Earlier, I wrote that $ 8460-8520 is an extremely liquid zone, from where you can try to get long. I expect the end of the correction and the continuation of the upward movement at the levels of $ 8100-8200 (2nd zone ma100). It is pointless and extremely stupid to open short deals, so I do not advise you to do this in any case. In any case, this action is the opportunity to buy a coin at a better price, so in no case should you be upset. The script will lose its relevance when consolidated below $ 7,700.
Like, if you want, I won’t lie, if I say that I will be pleased: *
Good luck to everyone!
P.S. Subscribe to my telegram channel, link in status, or contact personal messages!
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