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YMGroup
May 21, 2022 8:16 PM

BITCOIN STILL TRADES INSIDE LONG ACUMULATION RANGE, TRADING PLAN Long

Bitcoin / United States DollarCoinbase

Description

Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about BTC chart.

Price still trades inside accumulation zone 28500-31500 $ from previous idea but now it has grown considerably.

I still expect second upward impulse with main target at 35000$ and intermediate target at 33000$

I think price can even make re-low and touch zone 29500-29000 before start growing.


After first upward impulse from 25k to 31k price started accumulation.

Accumulation zone is around 28500-31500 Usd.

I think after accumulation will ends we can see second upward impulse.

Main target for second impulse is around 35000 Usd.

But also we have intermediate target which closer, around 33000 Usd.

Price still have chances to test support line of rising channel .

Or even fall to support level of accumulation range around 28500 Usd.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
Comments
Exactus
Really like this chart, seems like accumulation, thank you!
EdgarTigranyan
how about this scenario
Goldenbreakout
@EdgarTigranyan, what do you think about ust?
UnitedSignals
Noted, thank you!
flatrider
There is a point where macroeconomy takes over chart analysis.
Gunslinger2005
this is what I expect to happen
TopTradingSignals
Best of luck bro!
ProSignalsFx
Awesome idea bro!
AtlasTrades
great lovely buddy, I think BTC/USD will go up
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