📊 At This Update I Wanna Answer This Important Question ,Is BITCOIN Trend Changed ?!
📥 The Overall Answer Is No ,The Main Pattern At The Chart Is Still Bull Flag ,We Had a Rejection From 68k Level Two Days Ago And Now The Price Bounced From The 0.786% PRZ Which Is a Important Support
📈 Bounce From Here To The 67k Is a Next Move I Expect For The BTC And After The Price Breakout From This Trend Line 71k And 82k Are Next Targets
👉 The Worst Scenario Is a Price Nuke To The 59500$ As a Bottom Of The Channel But As Long As The Price Playing Above The 62500$ Support I Don’t Think About This Scenario
📥 The Overall Answer Is No ,The Main Pattern At The Chart Is Still Bull Flag ,We Had a Rejection From 68k Level Two Days Ago And Now The Price Bounced From The 0.786% PRZ Which Is a Important Support
📈 Bounce From Here To The 67k Is a Next Move I Expect For The BTC And After The Price Breakout From This Trend Line 71k And 82k Are Next Targets
👉 The Worst Scenario Is a Price Nuke To The 59500$ As a Bottom Of The Channel But As Long As The Price Playing Above The 62500$ Support I Don’t Think About This Scenario
Note
✅ Great, The BITCOIN Price Exactly Bounced From The 62500$ PRZ And Currently Playing At The 67k Area, At This Point I Wanna Describe a Important Thing
‼️ Although The Price Breakout From The Trend Line But The Main Formation From 62500$ Till Now Looks Like a Bear flag And There Is a Strong PRZ At The 67700$ As a Wave C Pivot, Any Breakout From The 68 Will Lead us To The 71k As a Next Target But As Long As The Price Playing Below 68k Level It’s Better To Be More Caution Because There Is Chance To Revisit 60k As a Final Leg Down
Note
📊 It’s Five Days That The BITCOIN Price Playing At The 71500$ To 68500$ Range But I Expect The Price Will Breakout Will Range In Near Future
👉 There Is a Clear Impulsive Structure On The Table And The Next Important PRZ Is 1.618% Level As a 73500$ Pivot, Breaking Out This Top Will Lead The Price Toward a 82k As a New ATH Is a Action I Expect
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🔥 For More Analysis Join My Telegram Channel : t.me/BullishTraders
🔐If Your Capital Is More Than 20,000$ I Will Directly Trade On Your Account
🟡 For Account Management And VIP Membership Contact :
t.me/BullishTraders_Admin
🔐If Your Capital Is More Than 20,000$ I Will Directly Trade On Your Account
🟡 For Account Management And VIP Membership Contact :
t.me/BullishTraders_Admin
Related publications
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.