TradingView
Bullish_Traders
Apr 11, 2024 12:34 PM

Below The 71500$ Nothing Is Not Bullish Β 

Bitcoin / TetherUSBinance

Description

β‹…
πŸ™ Sorry For Not Positing Any Thing During Last Two Days, I Was Waiting To Get a More Data From The Market

πŸ‘‰ We Had a Fake out From The 71500$ And Now Again The Price Playing Below This Level, We Call Current BTC Situation a Range, Ranges Are Boring And Included Lots Of Fake outs And To Be Honest By Last Fake out And Also Current Situation I Don’t See Any Bullish Pattern At Lower Timeframe So I Prefer To Be Out of The Market

πŸ“Š Sum up : As Long As The Price Playing Below The 71500$ Resistance The Next Target Will Be 58k And Any Breakout From The 71500$ Will Lead The Price To The 82k

Comment

β‹…

🩸 Market On The Blood Bath Mode

πŸ“‰ The BITCOIN Price Is About To Breakdown The Trend Line, It’s Crucial Support And If The Price Breakdown This Support 58k Is a Next Station

Comment

β‹…

πŸ“‰ There Is Nothing To Say More, The Price Successfully Breakdown The Trend Line, 58k Is The Next Station

Comment

β‹…

πŸ‘‰ 58k Is a Target That We Could And I Expect We Will See It Till Next 48 Hours, Is a Situation Of Breaking Down This Level 53k Is Next

Comment

β‹…

πŸ‘‰ The BITCOIN Price Nuke The 60700$ Which Is The Wave A Low And Also Its a Strong Support

πŸ” Currently There Is a Important PRZ Located At 65300$ Which I Expect The Price Will Reject From This Level Toward a 58k As a Wave C Low And Final Leg Down

Comment

β‹…

πŸ“‰ Wave 4 From C Shaped As a Bear Flag And Currently It Sitting Above The Trend Line, I Expect The Price Breakdown This Support Toward a 58k As a Main PRZ

πŸ‘‰ One More Thing Is Israel About To Answer The Recent Iran Attack, And If They Do, It Will Cause The High Sell Pressure At The Market, So Totally I Don’t Suggest To Enter Any Long Position For Incoming Days

Trade closed: target reached

β‹…

Previous Update Worked Perfectly And The #BITCOIN Price Breakdown The Bear Flag And Hit The 61700$ One More Time, By The Update You Will Understand My Next Plane About The BTC
Comments
behdark
β‹…
Your opinion is valuable
Bullish_Traders
β‹…
@behdark, thanks for sharing you comment πŸ™
DzinBeam
β‹…
Hello, after reaching 65k, what's next? btc goes to 70 and then 58, will the support hold? What do you think ?
Bullish_Traders
β‹…
@DzinBeam, hi ,in my idea 58k is the next main target
More