we can see that today we have strong bearish movement, and break down channel up. this movement still not danger for bullish wave, because we have very strong support zone at 6179 to 6221. 6179 are perfect level to buy bitcoin
If this support able to hold bearish movement, bullish target for now at 6481 with maximum target at fibonacci projection at 6735 this level is our next bullish confirmation level, bullish will continue again if this line break up.
We also have BTC long data : as u can see at long data, bitcoin already hit long support, and inverted head and shoulders perform. this pattern is a good news for bullish, coz if neckline break up, long target at 30744
And if we look at BTC short data : short almost touch resistance line, short will getting weak from this line and perform bearish to reach 25643
If BTC long data perform bullish, and BTC short data perform bearish, we will see a good bullish perform at Bitcoin at this week.
We will update this analysis if support level failed.
You have nice setups,but as u can see at Sep. 19 - 14:00, even with good setup u would get stopped by "big candles"(down bellow support....)for going "Long"
it was 5th time support (very strong) for buy entry....and it played very well but SL would obviously get triggered....
anyways keep up the good work :D
it was 5th time support (very strong) for buy entry....and it played very well but SL would obviously get triggered....
anyways keep up the good work :D