As we can see price manage to break trend line that formed and this was strong support for bitcoin so soon we may expect pressure of bear market and some falling is expected after that .
Green lines on chart are support zone available and targets we are looking so consider them as places that market can easily pump from these areas too .
DISCLAIMER:. 1.trade carefully and have stop loss for sure 2.Past performance is not indicative of future results.
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Trade closed: target reached
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First target and support reached
first green line
Trade closed: target reached
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Simple and easy second target reached
this fall was expected and we talked about it a lot
@tvcross, yes saw that too and decide to short BTC too
tvcross
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@MMBTtrader, I did some at Fib resistance. about BTC, did well profit on longs so not in hurry at shorting. there will be huge chances of taking short profit when the real bearish market comes. :)
MMBTtrader
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@tvcross, yes for sure bro if real bear candle arrived then we will see real power of bear market
not yet
tvcross
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@MMBTtrader, Haha, You are right tough. :D Bearish until ATH huh? :)
@MMBTtrader, wow you're charts are fantastic! Do you have a YouTube channel? It would be great to see you screen record your analysis and hear your explanation of the charts!!