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CryptoPatel
Jun 25, 2020 5:23 PM

BTCUSD Bearish Analysis For Short Term Analysis Long

BITFINEX:BTCUSD60
Bitcoin / DollarBitfinex

Description

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#BTCUSD LTF TA Update:-

#BTC now trading at $9292 which is Resistance in 1 Hours time frame.

I think it will rejected from this resistance level because it would be Re test after break down.

So Seller heavy at this point.

But keep an eye on This Resistance level.
If any 1 hours candle close above 9350$ then bullish for short term.

Support:- $9089/$8710
Resistance:- 9543/9688

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Must follow me for latest Crypto Updates.

Thank you.

Trade active

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#Bitcoin CME BTC Futures (BTCM20) expiring Tomorrow.

So we can Expecting some high volatility (right at the expiration time or on Monday) since the price of Bitcoin is in the apex of the giant triangle

And $1.8 billion #BTC options are to expire Tomorrow
It will definitely affect the price

The Big Move is right around the corner

So please Avoid Trading with High Leverage 1-2 days .

Happy Trading
Trend AnalysisHarmonic PatternsChart PatternsBTCUSDBTCUSDTXBTUSDxbtCryptocurrencytradingaltcoinsBitcoin (Cryptocurrency)
Comments
bloodgood
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Your title says "long", and your chart says "short" :D

Here is my view

CryptoPatel
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@bloodgood, title I say short dear I posted bearish analysis
CryptoPatel
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@bloodgood, nice analysis dear
bloodgood
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@CryptoPatel, Thank you dear
Alibutt
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Exit if candle close below the red line sir you made a mistake in chart u write if exit if candle close above the red line I think by mistake
CryptoPatel
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@Alibutt, dear I write you can exit from short position if any candle close above red line.

got it bro
farzaddjafariyan
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Tnx satooshi :)
CryptoPatel
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@farzaddjafariyan, hahahaha thank you
Al3ansour
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good job bro
CryptoPatel
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@Al3ansour thank you sir
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