TradingView
InvestMate
Nov 26, 2022 5:19 PM

InvestMate|Bitcoin Still on declines ₿ Short

Bitcoin / TetherUSBinance

Description

₿ Bitcoin Still on declines

₿ This post is a direct continuation of the last post. Link below:


₿ My scenario has changed slightly, the direction remains unchanged but we are moving the target to the 0.5 region of the entire upward wave.

₿ The resistance zone remains around the recent highs.

₿ Target has been lowered because the 0.5 zone seems to me more likely to be conquered over the next few days, without large corrections occurring along the way.

₿ The scenario I am playing out is a continuation of Bitcoin's decline to reach a support zone. On which I will wait and watch to see how the price reacts. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀


Trade closed manually

Comments
Tothemoon79
Ty this helps a lot.
Michael_Winner
I have a great feeling about btc
Riskitpaid
Whats your take on eth?
InvestMate
@Riskitpaid, So far I can't see anything interesting
SwallowPremium
Thank you so much, this does make a lot of sense!
Riskitpaid
can you take a look at cardano? i would like to see if we see similar ideas
InvestMate
@Riskitpaid, I am following the behaviour of Cardano closely, there too I still expect to see price levels around 0.305-0.308
Riskitpaid
BTI Coin! lol
InvestMate
@Riskitpaid, Yes I see the typo :D
Riskitpaid
@InvestMate, lol jk I love the work you put into these charts... just gives me more confluence that I see what others see.
More