BTC: Beauty To Chance>breaks DTL jumps to 22k for short term

29 oct. 2022

BTC for the short-term market looks like it is leaning higher after breaking the 4H & 1H downtrend lines.
Key level 2 is the current support and the price is now at the resistance (key level 3). 2 times test. Maybe a momentary pullback takes passengers. Here it will make a slight sideways before breaking the nearest resistance (key level 3).

how do make expectations?
If the key level is successfully broken then it will go to the next resistance, key level 4. If the price breaks the support of key level 2, it will go down looking for key level 1.

key levels 2 and 3 are very important to observe where we will take the opportunity if the possibility will happen. whether the price breaks resistance or support.
Key level 4 is the maximum target for the short term.
Also, if you are a scalper so you need to follow the current trends. Don't go against the trend. There is a very high possibility of a trend reversal when the price reaches the supply zone >maximum target/selling takes.

DAILY chart
https://www.tradingview.com/x/Myhl4nl2/

website >>>
http://www.aiesmartinvest.com

5 nov. 2022

Note

it moves to 22k, may make a correction at 21700, moves in zig zag in channel,
support & resistance areas are very important to evaluate,