Hey Guys
this is the first post of mine I hope I did the right analyze
since the 2nd of July, the market became like heaven for even low-level traders because BTC's movement was too obvious for people who know a bit about price action strategy
we can see price playing between 30k ~ 40k
of course, there is some resistance as you can see I drew a zone (34920~35299$) it's a hard and big resistance but if BTC broke this zone for sure we can see 36600 and higher targets like 41000~41300$
and there is something else A triangle
if BTC broke it no matter which direction
we can see another correction(if candles broke the bottom line) otherwise BTC will aim 40~41k zone(if candles broke the top line) IMO.
I am an observer (for now at least) and waiting to see how the price reacts to the resistance or even support(33880$-33120$-30150$) lines.
this is the first post of mine I hope I did the right analyze
since the 2nd of July, the market became like heaven for even low-level traders because BTC's movement was too obvious for people who know a bit about price action strategy
we can see price playing between 30k ~ 40k
of course, there is some resistance as you can see I drew a zone (34920~35299$) it's a hard and big resistance but if BTC broke this zone for sure we can see 36600 and higher targets like 41000~41300$
and there is something else A triangle
if BTC broke it no matter which direction
we can see another correction(if candles broke the bottom line) otherwise BTC will aim 40~41k zone(if candles broke the top line) IMO.
I am an observer (for now at least) and waiting to see how the price reacts to the resistance or even support(33880$-33120$-30150$) lines.
Trade closed: target reached:
so ye, as I said before price broke the bottom line
we can wait for the first line of support (32630$)
if price lost this support
we have a correction till 30120$
be aware that this is only my idea and this is not a Signal or anything
Trade at your own risk!
we can wait for the first line of support (32630$)
if price lost this support
we have a correction till 30120$
be aware that this is only my idea and this is not a Signal or anything
Trade at your own risk!