Bitcoin has mocked the 🟢support zone($21,600-$20,940)🟢 in the last 4 days😂.
Bitcoin reacted to the Price Reversal Zone (PRZ) ,Important support line, and 200-SMA, as I expected in the previous post (Title:➕Positive➕ and ➖Negative➖ signs of Bitcoin🤓 ) and started to grow.
Bitcoin is currently moving on the 🔴resistance zone($22,640-$22,350)🔴 and downtrend line.
Also, if we look at the status of the RSI indicator, we will find that the RSI is also on the downtrend line and the important line of 50%.👇
🔔According to the above explanations, Bitcoin can see two scenarios for the coming days:🔔
🔜First scenario: If Bitcoin breaks the 🔴resistance zone($22,640-$22,350)🔴and the downtrend line, we can expect Bitcoin to even touch its previous ceiling($25,250) and even go beyond it.
🔜Second scenario: If we see bearish signs in the coming hours, we can expect Bitcoin to start falling again and at least reach the low range of 🟢support zone($21,600-$20,940)🟢.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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What is your idea, Bullish or Bearish❗️❓
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Bullish scenario done.
if you want to see my roadmap, please take a look to 👇