In my most recent BTC analysis I talked about Bitcoin likely trading inside a bull-flag pattern. Before calling for a definitive bullish market I wrote that I was waiting for:
1 A break out through the top resistance of the channel.
2 A new All-Time High.
As seen on the chart, Bitcoin is seemingly reversing from the top resistance. I want to be prepared in case the bearish trend persists.
My ideal buying area would be somewhere between the yellow bottom support and the purple support.
Note: this is not a call for a dump. I'm explaining where I expect BTC to reverse from. This is an entry for well-prepared and patient bulls.
Keep in mind that there's still the possibility for BTC to break through the top of the bull-flag (1). This would invalidate our entry from the green area.
Interested to hear your view on BTC over the next 1-2 weeks!
1 A break out through the top resistance of the channel.
2 A new All-Time High.
As seen on the chart, Bitcoin is seemingly reversing from the top resistance. I want to be prepared in case the bearish trend persists.
My ideal buying area would be somewhere between the yellow bottom support and the purple support.
Note: this is not a call for a dump. I'm explaining where I expect BTC to reverse from. This is an entry for well-prepared and patient bulls.
Keep in mind that there's still the possibility for BTC to break through the top of the bull-flag (1). This would invalidate our entry from the green area.
Interested to hear your view on BTC over the next 1-2 weeks!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.