Before anything else, we shouldn't forget that through multiple analyses shared from the bottom on higher timeframes, we knew Bitcoin was highly bullish.
The red zone from the previous analysis has been engulfed and cleared | a lot of sell orders have been absorbed, leading to a pumpy move. It’s better to wait for a pullback now.
The price has now reached a resistance zone, where a large number of sell orders have been absorbed, leading to a pumpy move.
Also, the diametric pattern is still visible, and after the completion of wave F | which has just occurred | a reversal is expected for wave G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The red zone from the previous analysis has been engulfed and cleared | a lot of sell orders have been absorbed, leading to a pumpy move. It’s better to wait for a pullback now.
The price has now reached a resistance zone, where a large number of sell orders have been absorbed, leading to a pumpy move.
Also, the diametric pattern is still visible, and after the completion of wave F | which has just occurred | a reversal is expected for wave G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Free membership: t.me/Behdark_EN
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💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.