Hi, today we want to have a review on Bitcoin
First of all, I must say that in the previous analysis, I had identified this upward movement of Bitcoin.
Bitcoin is now near the FLIP zone, which is an important and tough resistance, and I don't expect this Flip zone to be broken easily.
BTC may fall from FLIP range to SWAP range.
With white arrows, I marked two medium-term and short-term movements.
In the short-term movement, it is expected that we will fall from the FLIP to SWAP area, and in the long-term movement, we will rise from the supportive OB area to the resistance OB area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
First of all, I must say that in the previous analysis, I had identified this upward movement of Bitcoin.
Bitcoin is now near the FLIP zone, which is an important and tough resistance, and I don't expect this Flip zone to be broken easily.
BTC may fall from FLIP range to SWAP range.
With white arrows, I marked two medium-term and short-term movements.
In the short-term movement, it is expected that we will fall from the FLIP to SWAP area, and in the long-term movement, we will rise from the supportive OB area to the resistance OB area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
According to the previous statements, the "medium-term movement" happened and Bitcoin became bullish
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🔆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.