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MadWhale
Mar 16, 2023 12:04 PM

BITCOIN close to parallel channel resistance โŒ๐Ÿงจย Short

Bitcoin / TetherUSBinance

Description

โ‹…
Hello ๐Ÿ‹
we expected the retest of the resistance zone to be completed โœ”๏ธ
if
the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line โŒ๐Ÿงจ
otherwise
we can see more gain to upper resistance level โœ”๏ธ๐Ÿš€
if
breakout of the lower support zone be completed, we can see more correction to the downside โŒ๐Ÿงจ

brief amount of green candlesticks to the upside before any other movement is logical ๐Ÿ“–๐Ÿ’ก



๐Ÿ‘Œ Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) ๐Ÿ“–๐Ÿ’ก

Please, feel free to share your point of view, write it in the comments below, thanks ๐Ÿ‹
Comments
DeGRAM
โ‹…
Thank you for sharing your analysis
LegionQ8
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thx buddy, agree with your opinion about bitcoin
Lingrid
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good opinion! it's probobly
RLinda
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The market is unfortunately boring right now, but overall the idea is not a bad one. I think you can get at least a small profit from this idea.
WalterMoon
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I am totally agree with your analytics
KlejdiCuni
โ‹…
I agree with your idea.
ProjectSyndicate
โ‹…
agree with your outlook
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