bestfarbit74

longer charts may turn to bull trend in days coming.

Long
bestfarbit74 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
if you are waiting for deeper levels to buy you may betting on crippled horse.

I'm not saying below last lower level 15470$ can not happen for sure.

it really depends on market makers decision to make.

**don't forget they know what you act or think.**

if you believe in divergence on market we can see a clear bullish divergent

on 3 day chart with RSI or even MACD.

also MACD histogram on monthly chart is showing to turn to positive side.

many ALTS also had deep drop and almost lost more than 90% of their worth...so

make sense to start their upward pressure soon.

It is not meaning you can jump fast to the market and invest all your money now.

but you need to have plan to manage your money investing and be ready mentally

that the bear market may end now or will very soon in days coming.


#wish the best in new year for those who believes in human rights and freedom#



Enjoy the market
Trade active:
our trade active and between 19K to 18k target is the critical area to reverse or keep moving upward.
Comment:
as expected price tested around 19K, and even broke my trend line on the main chart.
so now breaking above the baseline at 19200$ is the sign of more uptrend coming.
and we could expect last resistant level 21480 hit, above this level my main targets would be our next step.
Trade active:
after breaking the main trend line as you can see price spiked towards my main resistant level around 21500$.
now I expect a correction between 21500 and 22150$ to 19K area. below 19k not good.
however I see more upward pressure coming in next weeks, lets see
Trade active:
below the local ascending channel is bearish, above the 22500$ level is bullish
Trade closed: target reached:
first target on my chart hit. but trade is active. it takes time to hit next target.
patient pays.
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