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TheWinningDay
Jan 11, 2022 2:46 PM

BITCOIN - Get ready for REBOUND Long

Bitcoin / TetherUSBinance

Description

Pull Up condition :
1) BITCOIN candlestick has come to Level-2 of Declining Stage (arrow i)

2) BankerCollection+ indicator - triggered since 7th Jan 2022 (light aqua color bar)

3) FundFlow+ indicator - BO 5-day moving average, it will be better if BO above zero

Support & Resistance:
S : 39650 (lowest on 10th Jan 2022) (-3.92%)
R : 47818 - 48514 (+15.87% - +17.56%)

Remark:
- length of EF = GH = Hi


Disclaimer:
Opinion above posted for case study purpose. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.

Trade closed: stop reached

- It has rebound only from 41458.47 (last price in my analysis) on 11-Jan to highest 44500.00 on 13-Jan (Max +7.34%)
- Support 39650 is broken
- Level-2 is broke down and heading to Level-3 (Please review my second analysis on Bitcoin dated 22-Jan-2022)
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