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Bitcoinanalysis

Geopolitical Tensions & Technical Pattern Point to BTC Decline!Bitcoin ( BINANCE:BTCUSDT ) fell about -5% after tensions between Israel and Iran escalated. Unfortunately , these tensions are still escalating, but Bitcoin has managed to recover about +3% so far. Bitcoin is moving near the Resistance zone($107,120-$105,330) and Cumulative Short Liquidation Leverage . In terms of Elliott Wave theory , it seems that Bitcoin is completing a corrective wave . The corrective wave structure could be Contracting Triangle . In case of a sharp decline in Bitcoin again, we can consider these waves as five descending waves (if Bitcoin does NOT touch $106,600 ). I expect Bitcoin to start declining again and at least drop to the Support zone($107,120-$105,330 ). The second Target could be the Support line and Cumulative Long Liquidation Leverage . Note: If Bitcoin can break the Resistance zone($107,120-$105,330), we can expect further increases in Bitcoin. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
43
BTC Approaching Key Confluence Zone: Pivot + PRZ + LiquidationsBitcoin ( BINANCE:BTCUSDT ) appears to have broken the Support lines and is currently declining . In terms of Elliott Wave theory , Bitcoin appears to be completing a corrective wave C . The corrective wave structure is a Zigzag Correction(ABC/5-3-5) . I expect Bitcoin to start rising again from the Support zone($104,380-$103,660) , Potential Reversal Zone(PRZ) , Cumulative Long Liquidation Leverage($104,471-$103,124) , Monthly Pivot Point , Support line , and 50_SMA(Daily) , and the small CME Gap($106,190-$106,150) will also fill. Note: Stop Loss: $102,520 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
4
BTC is still bearish (2H)This analysis is an update of the analysis you see in the "Related publications" section The red zone seems to have had enough orders to reject the price downward. It is expected that the price will drop at least to the green zone below. There will be some fluctuations along the way. A daily candle closing above the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
Bitcoin in expected price zone, may go lower then UP ? This is the old fractal chart and I have faded out the Fractal from 2013 to 2017, Everything ese remains unchanged since Feb this year. We hit the expected price range indicated by the circle and we are still in that area but I expect, once the month closes and we have a small red month candle, then we can start printing Green again. The daily version of this chart shows us more local detail We have left the area of resistance and so now, we have a free move BUT I think we may dip down to that line of support around 100K - 98K This would not be a bad thing to do before the end of the month as it would cool off the PA / RSI and MACD and so give confidence to the serious investor while scaring the pats off the New guys and Gals. The Daily MACD still has a way to dip before it may find support on the neutral line This level could see PA near that line of support but it is possible for MACD to drop while PA ranges. So we could see that Dip to line of support and it may offer the last 100K buying zone for a very long time .. But we do have Stupid people trying to start WW3 with Lies and Greed - this could possibly destabilise things. Be Cautious
CRYPTO:BTCUSD
by Orriginal
₿itcoin: Continuing B WaveBitcoin has recently reclaimed the key $106,000 level. Under our primary scenario, we anticipate continued increases into the blue Target Zone between $117,553 and $130,891 – where green wave B is expected to conclude. From that corrective peak, we project a significant move lower in wave C, which should ultimately pull prices into the lower blue Target Zone between $62,395 and $51,323. This range is expected to mark the completion of orange wave a. We then foresee a brief corrective rally before wave (ii) completes its broader correction with a final sell-off. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
BINANCE:BTCUSD
by MarketIntel
₿itcoin: Directly or with a Detour?!Under our primary scenario, Bitcoin remains on track to climb into the upper blue Target Zone between $117,553 and $130,891 during green wave B. The key question at this stage: will the crypto giant head straight for the zone – or take a detour below the $100,000 level first? Either path remains structurally consistent with the broader outlook. Once wave B concludes, we expect a pullback to unfold in wave C, with the low of that move – and the bottom of orange wave a – anticipated in the lower blue Target Zone between $62,395 and $51,323. From there, orange wave b should initiate a corrective rally, likely rebounding toward the $100,000 mark. This would set the stage for the final leg down in blue wave (ii). Meanwhile, our alternative scenario remains intact on the 8-hour chart. This 30% likely scenario suggests Bitcoin is still advancing within blue wave alt.(i) , rather than correcting in wave (ii). A confirmed breakout above $130,891 would validate this outcome. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
BINANCE:BTCUSD
by MarketIntel
Bitcoin weekly / Daily showing a Dip to sub 100K possibleBitcoin weekly / Daily showing a Dip to sub 100K possible but is avoidable. On the weekly, we can see how PA is top of Range, just below the arc that has rejected everything since 2011. There is more resistance overhead than support below and the first Real line of support sits around 103,599 , 101K then we go to 98K. If we loose 98K for some strange reason, it is a png drop to around 88K - I doubt we will see that just yet. However, as you can see on the weekly chart, that is the area of a STRONG line of support that has been used this cycle 4 times to propel PA higher. The Indicators are Bull Bear Power, showing the momentum of the Trend. We have just begun a Red Bear Candle..gut this is currently sitting on a line of resistance.... The RSI is above its average and has just been rejected off the high, so the likelihood os that this will retreat lower in time or with a sharp drop. The ADX shows trend strength NOT DIRECTION. This has just turned and has begun rising and with BTC PA falling, it suggests the beginning of a Bear trend - MAYBE Looking at the Daily We can see once again, PA got pushed away from the Arc of Resistance ( blue) and has begun falling. The Bull Bear power chart shows ua how the Bears maybe meeting resistance right now and we may see a drop in bear power in the near future. RSI has fallen below its average now and now has bumped into the Neutral line that does offer support, as we saw recently and in early 2025 Again, the ADX is Low and turning up , indicating a new trend maybe forming but we have to wait to see what this maybe To conclude, we need to wait to get a clearer picture right now but it seems almost certain that a new trend is forming. On the shorter term we have the chance of a bounce back / Range horizontal at current price range but the longer term looks a little more bearish for now We are half way through June and as suggested in my posts about monthly colour candle close, It seems that a Red June candle would be a Good thing but it needs t be a not to deep candle. So 2 more weeks of scary PA would be OK but nerve raking. We shall have to watch close here....
INDEX:BTCUSDLong
by Orriginal
Bitcoin life cycle-stage One ending-Next cycle has to start NOW There are 3 things to see in this chart 1) The Orange Arc of resistance. I have talked about this previously but to recap a little, it has its origins in Oct 2009 and has rejected EVERY ATH since then, as you can see on the chart. The Arc itself is part of a Fibonacci Spiral. This Arc has begun to Squeeze PA against the lower trend line, that was formed in 2011. And we are now in a position where PA MUST react or get pushed below the Long Term line of support. This could be called Make or Break time for Bitcoin. The Apex of this pennant is around Jan 2026 PA always reacts before the Apex.....99% of the time. 2) The Vertical Coloured bars are Trend Based Fibonacci Time, It begins on the 1st ATH in the channel that Bitcoin created. This channel is shown in the chart below See how the Runs to the 2017 & 2021 ATH were all in a Bullish Green zone and how PA never retouched the lower trend line of support in this time Since Mid 2021, we entered a Bearish Zone. On the main chart, you will notice how this Fib Time has just ended. 3) The Trend based Fibonacci Extensions. Every single ATH rejected off a Fib extension. The Root is at the 2009 Low and 1 is at the First ATH in the Bullish Fib time Zone. The numbers here are all based off the 3,6,9 number sequence. Lets look a little closer at the weekly chart As we can see, PA got repeatably rejected off this orange Arc of Resistance and Current PA has been up there, trying to break through since 2024. Many people have also commented on how PA has been so subdued this cycle and could this be reflected in the Fib Time showing us that we are in a Red Bearish Zone. See how, from Mid 2021, when we entered a Strong Red zone, PA took a Deep dive off the Nov 2021 ATH. Also note how this zone ended in late 2022 and in Jan 2023, PA began its current cycle Run. See the change in Colour ? And Currently, while Bitcoin tries to break out of this squeeze, we were in a Red zone again....that just ended. AND we can also see that we have not yet reached the 6 Fib Extension at 120,251 usd The situation we face here is that if PA gets rejected off that Fib line, having just broken through the Arc, we could get pushed right back down under the Arc again. It is VERY STRONG RESISTANCE This next move from Bitcoin HAS to be strong enough to take us up to the 9 fib line at 180,391 usd at a minimum. This way we can use the 6 Fib extension as support when PA cools off from a big push and so remain above the Arc and begin the Next long term cycle. The Daily chart below shows us where we are right now You can see how PA has repeatably tried to break above the Arc and been rejected Firmly Every time...so far, PA has avoided going right back down to the Lower trend line and has remained in near distance to this Arc..But we are running out of Time. Recent attempts by PA have been Strong and I am sure that we will make it over but the real question is can we also get over that 6 Fib extension and stay above. The weekly MACD certainly has enough strength to cope Should we have a subdued Summer trading on Bitcoin, we will see this MACD cool off and be stronger before a sustained push near Autumn maybe. To conclude, Bitcoin is under pressure to move out of its First Full Cycle. It is getting Squeezed and now it is time for Bitcoin to prove it can cope with its new found "Adulthood" The Next Big push, maybe later in the year, could very realistically reach 200K or more and this would place us Above that 9 Fibonacci extension I talked about earlier. Of course, events could change and we could see PA collapse back below the Arc. If this happens, all is NOT lost but it would certainly weaken the case for Long Term holders to continue doing so. This then could create a Snownall effect and prices may tumble....And I will buy MORE.... Either way, we are in a HUGE moment for Bitcoin and I am privileged to be able see this all unfold... Lets see what happens but, for me, I am Still VERY Bullish though Cautious.... We may have to revisit low 70K in the near future if Pa cannot get over this Arc and the 6 Fib extension
CRYPTO:BTCUSD
by Orriginal
Bitcoin Near Breakout – CPI Miss Could Be the Catalyst?Just Released: Key U.S. Inflation Data: Core CPI m/m: 0.1% (vs. 0.3% forecast) CPI m/m: 0.1% (vs. 0.2% forecast) CPI y/y: 2.4% (vs. 2.5% forecast) Market Reaction & Outlook: The softer-than-expected inflation figures suggest easing price pressures in the U.S. economy — a potential bullish signal for risk assets, such as Bitcoin ( BINANCE:BTCUSDT ). ----------------------------- Now let's take a look at the Bitcoin chart on the 1-hour time frame . Bitcoin is trading in the upper part of a Heavy Resistance zone($104,380-$103,670) and is trying to break through this zone. The announcement of US indexes could be a trigger for a breakout of this zone . In terms of Elliott Wave theory , Bitcoin appears to be completing microwave 4 of the main wave 3 . The structure of microwave 4 is a Double Three Correction(WXY) . I expect Bitcoin to start rising from the Potential Reversal Zone(PRZ) and near the Support line again and rise to at least $110,670 and if the Heavy Resistance zone($104,380-$103,670) is broken we should expect new ATHs in the coming days . Cumulative Long Liquidation Leverage: $108,791-$107,887 Cumulative Long Liquidation Leverage: $106,840-$105,457 Cumulative Short Liquidation Leverage: $111,381-$110,568 Note: If Bitcoin falls below $105,700(Worst Stop Loss(SL)), we should expect further declines. If you want to know my weekly analysis about BTC , I suggest you check out the following idea: Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
19
Will Bitcoin move toward its ATH?This analysis is an update of the analysis you see in the "Related publications" section In the previous analysis, we mentioned that the red zone marked on the chart could potentially be broken. From the point where we placed the green arrow on the chart, Bitcoin’s diametric pattern has completed, and it has entered a corrective phase. It now appears that we are in wave B of a running flat, and wave B could complete around the all-time high or slightly above it. Let’s see whether this move will play out or not. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
Bitcoin’s Final Wave & Time Reversal Zone _ New ATH Loading?Today, I want to analyze Bitcoin ( BINANCE:BTCUSDT ) on the weekly time frame and answer these questions : Can Bitcoin create a new All-time High(ATH) or not!? At what price range can Bitcoin's uptrend end!? When can we expect the uptrend to end!? Please stay with me. Bitcoin appears to have managed to break the Resistance lines , although we saw a fake break a few months ago , and it also appears to have a Hammer Candlestick Pattern in the previous weekly candle , which could signal the completion of Bitcoin's pullback to the Resistance lines(broken). In terms of time , if we want to analyze the Bitcoin chart and look at Bitcoin's past, in general, the months of June(Average=-0.13%/Median=+2.20%) and especially July(Average=+7.56%/Median=+8.90%) have been among the most productive months for Bitcoin , and the months of August(Average=+1.75%/Median=-8.04%) and September(Average=-3.77%/Median=-4.35%) were the months when Bitcoin had a correction . Technical analysis tools show the end of the upward trend and the beginning of Bitcoin's correction at the Time Reversal Zone(TRZ=June 23 to August 4) . In terms of Elliott Wave theory , Bitcoin appears to be completing the main wave 5 , as the main wave 3 was extended . I expect Bitcoin to trend higher(+10%) in the coming weeks and create a new ATH . New ATH could be created in the Potential Reversal Zone(PRZ) and TRZ , and then we can wait for the start of the main correction . What do you think about Bitcoin’s future movement? Can Bitcoin create a new ATH? When and at what price? Note: If Bitcoin falls below $100,000, we should expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), weekly time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
33
BTC NEW UPDATE (4H)This analysis is an update of the analysis you see in the "Related publications" section These days, Bitcoin's movement is mostly driven by liquidity hunting and is caught in complex and risky corrections. The resistance zone currently in front of Bitcoin is marked in red. If the price is going to get rejected, it should happen from this zone. However, if this zone is broken and price stabilizes above it, Bitcoin could turn bullish again. Considering today is Monday, volumes are still low, and the price is near a strong order block | you should be careful with your positions. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
Bitcoin’s Reversal from Supports — Is the Correction Over? Bitcoin ( BINANCE:BTCUSDT ) moved as I expected in the previous idea , and it also reversed the decline I intended and started to rise from the Support zone($102,000-$107,120) , Support lines , and 50_SMA(Daily) . Bitcoin is trading near the Resistance zone($104,380-$103,670) , Cumulative Short Liquidation Leverage($105,500-$105,265) , and Resistance lines . In terms of Elliott Wave theory , it seems that Bitcoin has managed to complete the main wave Y . The main corrective structure was the Double Three Correction(WXY) . If the Resistance lines are broken , we can confirm the end of the main wave Y . I expect Bitcoin to start rising after a re-correction from Cumulative Long Liquidations Leverage and reach the targets I have specified on the chart. Cumulative Long Liquidation Leverage: $102,883-$102,181 Cumulative Long Liquidation Leverage: $101,318-$100,748 Note: If Bitcoin falls below $100,200(Worst Stop Loss(SL)), we should expect further declines. Note: $105,500 is an important price for Bitcoin, and if Bitcoin can close the 4-hour candle above it, we can expect a break of the Heavy Resistance zone($104,380-$103,670) Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
39
BTC NEW UPDATE (4H)After dropping toward the 100K zone and sweeping the liquidity pool, Bitcoin has made a strong rebound to the upside, putting high-leverage short positions at risk. However, it is now approaching a supply zone that could potentially push the price back down toward the 98K area. If the market maker intends to drive the price lower and trigger a bearish scenario, this is the zone to do it from. Let’s see what happens. A daily candle close above the invalidation level ($107,000) would invalidate this analysis. Let’s see how Bitcoin reacts to the red box. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
4
Bitcoin's Structure Breaks — PRZ May Trigger a BounceBitcoin ( BINANCE:BTCUSDT ) has finally continued its downward trend , as I expected in my previous idea . Do you think this downward trend will continue or not? Bitcoin has now managed to break the Support zone($104,180-$103,670) and the lower line of the Ascending Broadening Wedge Pattern . In terms of Elliott Wave theory , Bitcoin appears to be completing microwave C of the main wave Y of the Double Three Correction(WXY) . I expect Bitcoin to continue to decline to the Support zone($102,000-$107,120) and the Potential Reversal Zone(PRZ) and then start to rise again. I choose to label this idea as ''Long''. Note: If Bitcoin falls below $100,200, we should expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
19
BTC/USDT Technical Analysis – 15-Min Chart | Short-Term Bearish The current price action of Bitcoin (BTC/USDT) shows a sustained bearish trend within a well-defined descending channel. Following a temporary bullish correction in the form of a rising channel, the price faced strong resistance around the $107,000–$110,500 supply zone and is now showing signs of a bearish breakout. 📉 Key Technical Observations: A clear rejection from the upper resistance zone has led to a breakdown below the rising correction channel. Immediate support zones are identified around $99,600 (TP1) and $94,300 (TP2), where price may potentially stabilize or bounce. The bearish momentum remains dominant unless a strong reversal above $107,000 occurs. 📌 Scenarios to Watch: Bearish Scenario: Price could continue falling toward TP1 and possibly TP2 if momentum holds and no strong reversal signals appear. Bullish Reversal Scenario: A bounce from support levels with higher lows and a break above $107,000 could signal the beginning of a new bullish phase. 🔔 Disclaimer: This analysis is intended for educational and informational purposes only. It is not financial advice. Please conduct your own research and risk assessment before making any trading decisions.
Short
by TrendShot
Is Bitcoin Repeating Its 2021 Price Action? | TRADEDOTSWe’ve observed that Bitcoin CME:BTC1! appears to be repeating a previous wave pattern. If it follows its historical price action yet again, here’s what we might expect: 2021 Comparison Back in 2021, Bitcoin formed two large rounded wave structures where the second wave exceeded the first, forming two consecutive all-time highs followed by a huge drawdown. This year’s price action looks very similar to the beginning of the second 2021 waves. If it continues to unfold in the same way, we anticipate a new all-time high before the end of this year, followed by a notable pullback into early next year. Key Support at $96,000 As long as BTC holds above $96,000, the bullish trend remains intact. This level has shown great demand and volume support, reinforcing its role as the floor for the short-term uptrend. Upside Potential to $117,000 If buyers continue to support the market above $96,000, BTC could reach the $117,000 region, setting another all-time high. This expectation follows the earlier wave pattern seen earlier this year and completes a close parallel to the 2021 bull run. Deeper Pullback Expected After a potential new high, a larger correction is likely. Drawing on previous pullback price action, a 30% dip toward $82,000 could align with a higher-time-frame trendline and significant support area—mirroring the wave structure from 2021. Final Thoughts BTC remains structurally bullish above $96,000 A pullback to the $82,000 region could present a key buying opportunity if it occurs.
by tradedots
BTC: Facing Resistance?Bitcoin recently encountered renewed selling pressure, stalling the anticipated continuation of green wave B. Under the primary scenario, this corrective upward movement should still extend into the upper blue Target Zone between $117,553 and $130,891, where the price is expected to reverse and initiate green wave C. That move should complete with a low in the lower blue Target Zone between $62,395 and $51,323, thereby finalizing orange wave a. Following a corrective advance in wave b, the larger wave (ii) should reach its conclusion. There remains a 30% probability for the alternative scenario, in which BTC pushes above the upper blue Target Zone, establishing a new high in blue wave alt.(i)— which would delay the expected pullback. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
BINANCE:BTCUSDLong
by MarketIntel
Bitcoin 4 hour update and longer term outlook for next 5 days Bitcoin is in a Rising channel after dropping. This can be easily called a BEAR FLAG and it needs to be paid attention to for a number of reasons. The line of support that held PA up in May is now close overhead resistance and we are climbing towards an apex around 11 June. PA always reacts before APEX I would expect this to happen from the 8th June but could obviously happen before. I can see PA dropping to around 102K, on the POC ( red dotts ) off the VRVP We will have to see what happens form there but there is a strong line of support just below this. The 4 hour MACD is currently being rejected from Neutral back down into oversold. The Daily MACD is continuing to fall Bearish and will reach neutral bu the weekend, the 7th This could be the beginning of a longer term Bearish move and could end up back in the mid 95K before it finishes over the next 8 weeks HOWEVER, PA does have the ability to turn the tables on the newly woken Bears We will have to take this a step at a time right now. But as emtioned in apost earlier today, I do expect us to NOT move to much higher in the near future but more to range once again, maybe for up to 8 - 10 Weeks We shall see and watching the Dominance chars right now is a VERY good idea
INDEX:BTCUSD
by Orriginal
Bitcoin’s Rally Fades Below Resistances — Bearish Wave Setup!Bitcoin ( BINANCE:BTCUSDT ) started to fall as I expected in the previous idea , but failed to break the Heavy Resistance zone($110,000-$105,820) . Bitcoin is trading near the Resistance zone($107,520-$105,940) , Cumulative Short Liquidation Leverage($106,720-$105,948) , and the Resistance lines . From the perspective of Elliott Wave theory , Bitcoin appears to have completed a main wave 4 near the Resistance lines. The structure of the main wave 4 was a Double Three Correction(WXY) . One of the signs of the completion of the main wave 4 could be the Evening Star Candlestick Pattern . I expect Bitcoin to decline to at least Cumulative Long Liquidation Leverage($103,666-$102,800) AFTER breaking the Support line , and the next target is the Support zone($102,000-$107,120) . Note: Rising tensions between Russia and Ukraine could help drive down Bitcoin. Note: If Bitcoin touches $107,600, we can expect more pumps. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
42
BTC NewUpdate (2H)This analysis is an update of the analysis you see in the "Related publications" section As we had identified in the previous analysis, the price could have reversed to the upside from either the upper or lower green zone. It seems that the orders in the upper green zone were sufficient. Given the break of the trigger line, the area marked by the yellow circle is now a key zone for us. If the price pulls back to this yellow circled area, it could move toward the red zone. And if the red zone is broken, we might witness a new all-time high (ATH). The closure of a 4-hour candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1