Glorali

Analytics Bitcoin Daily 2/11/2021

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin was down 17% in 1 days. Time to Fomo

Where Bitcoin Move in the next time?

In chart 4h.
We can see Bitcoin down strong and can go down more.
Because RSI and MACD break zone support Which can push Bitcoin go down more.

How to know When Bitcoin go up again.
We have to wait it. When Bitcoin push and break down trend.

Now Bitcoin show create MACD Patter in chart 4h.
If Bitcoin hit zone support and break down trend. Bitcoin can go up higher $41.000

We have a few zone should follow it. It can decision uptrend and down trend in this time

Zone Resistance for Uptrend
(1) $33.800
Have move to zone (2) $36.000

Zone Support for DownTrend
(1) $31.200
(2) $30.000
(3) $28.200
(4) $26.000

How to get profit in downtrend
Buy near zone Support and sell 4-10% when it go up again

See you Tomorrow

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