Bitcoin has been rejected four times while trying to reach higher price levels
Every rejection has shown the weakness of buyers and the strength of sellers
This suggests the Bitcoin market has a bearing bias at the moment
The likely buy zones are around $7500-7600 which corresponds to 68.2 Fibonacci level
Buy the dip
GL
Every rejection has shown the weakness of buyers and the strength of sellers
This suggests the Bitcoin market has a bearing bias at the moment
The likely buy zones are around $7500-7600 which corresponds to 68.2 Fibonacci level
Buy the dip
GL
Trade active:
BTCUSD is moving up. Watch for how it reacts to the resistance as shown in YELLOW
Trade active:
BITCOIN is still showing weakness
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Bitcoin still showing weakness (SHORT)
Trade active:
UPDATE: Bitcoin is going down as expected, let's see at what price level buyers jump in to stop this drop:
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BITCOIN UPDATE: weakness in the market is real, buy the dip
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BTC Update: Bitcoin has been falling as expected with sellers in control of the market so far, buy the dip (green lines)
Trade active:
BTC update: nice drop there, but not the last one, getting into buying zone
Trade active:
UPDATE: BTC reaching buying zone, but not done yet
Trade active:
BTC update: watch out Bitcoin is getting ready for the next leg down
Trade active:
Update: becoming reached the buying zone as predicted, waiting for signals reversal
Trade closed: target reached:
Update: Bitcoin is going to rally short term, Closing position. Long BTC
