Have We Entered the Bear Market? Or Was That Just a Correction?
Have we entered the bear market? Or was that just a big correction ?
I see 2 important levels;
First Important Area: 42000 - 45000
Second Important Area: 30000 - 28000
What Moves Can Bitcoin Make
--> 3 movements can be. If candle close above the 45000 level , is the meaning that the upward movement will begin (pay attention to fakebreakouts)
-->Can make channel movement between these two areas (Consolidation)
-->If the candle closes below 28000 this is a bad sign. need to be careful (I recommend you not to buy immediately from dip , because prices can keeps dip)
If you like my analysis and stay informed about new analysis, follow me
Have a Nice Trades
I see 2 important levels;
First Important Area: 42000 - 45000
Second Important Area: 30000 - 28000
What Moves Can Bitcoin Make
--> 3 movements can be. If candle close above the 45000 level , is the meaning that the upward movement will begin (pay attention to fakebreakouts)
-->Can make channel movement between these two areas (Consolidation)
-->If the candle closes below 28000 this is a bad sign. need to be careful (I recommend you not to buy immediately from dip , because prices can keeps dip)
If you like my analysis and stay informed about new analysis, follow me
Have a Nice Trades
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.
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.