Bitcoin is forming a bearish rising wedge!!!
Aktualisiert
In this analysis, Bitcoin is goes to the $10,000 USD level again, because there're not demand right now, we are in the supply zone, also to recall this strategy is called supply and demand!!!
Yesterday, we were okay, but, in the night I didn't analyze the chart, but I bring you the new updated what Bitcoin do today!!!
So, we see in H1 timeframe a weakness of the price, if we entry in the $11.080 USD, I'm would have in profit, but I didn't analyze the chart. Well, it's very important always to analyze the chart to know what the market do.
So, we hope a entry in the pull back in H1 timeframe to valided the short position
That is what happened yesterday and the trend is become so bearish until the objective to find down
Also, as we have 2 possibilities:
1. Bitcoin could leave at the $10,628 USD
2. Bitcoin broke down the key support and leadint to the $10,128 USD in the key support line on Daily
So, guys it's simple, we hope a entry short position pending in some hours when Bitcoin go again the $10,900 USD\\
Remember, that we need to be cautelous when Bitcoin go to the $10,600 USD, is a important point, in case that show in this zone bullish candlestick group, so obviously we need to closed up the position
Reccomend to closed up all long position in Bitcoin, Ethereum and Litecoin because the market has reversal the trend!!! And also, if you want to see why the rising wedge occured? I reccomend to linked in my related idea a mini-class for yesterday what will be happening if Bitcoin doesn't continue up, well, remember that the market is not exaclty and there's a lot techniquel to identify a reversal of the trend.
Yesterday, we were okay, but, in the night I didn't analyze the chart, but I bring you the new updated what Bitcoin do today!!!
So, we see in H1 timeframe a weakness of the price, if we entry in the $11.080 USD, I'm would have in profit, but I didn't analyze the chart. Well, it's very important always to analyze the chart to know what the market do.
So, we hope a entry in the pull back in H1 timeframe to valided the short position
That is what happened yesterday and the trend is become so bearish until the objective to find down
Also, as we have 2 possibilities:
1. Bitcoin could leave at the $10,628 USD
2. Bitcoin broke down the key support and leadint to the $10,128 USD in the key support line on Daily
So, guys it's simple, we hope a entry short position pending in some hours when Bitcoin go again the $10,900 USD\\
Remember, that we need to be cautelous when Bitcoin go to the $10,600 USD, is a important point, in case that show in this zone bullish candlestick group, so obviously we need to closed up the position
Reccomend to closed up all long position in Bitcoin, Ethereum and Litecoin because the market has reversal the trend!!! And also, if you want to see why the rising wedge occured? I reccomend to linked in my related idea a mini-class for yesterday what will be happening if Bitcoin doesn't continue up, well, remember that the market is not exaclty and there's a lot techniquel to identify a reversal of the trend.
Trade ist aktiv
The trade is activate right now. We have the conrirmation of short position. So, put your short position. The SL is 11050 and take profit is 10200Trade ist aktiv
Hello guys, adn good afternoon here, Well, I manually closed up my 3 position on Ethereum, Litecoin and BitcoinCongraluations for me and for you if you follow me this idea!!!
I'm so happy how you trust me/!!!
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