TREND IS YOUR FRIEND - BITCOIN CHANNEL INTERSECT at 5,100 Short

Bitcoin / TetherUSBinance

Description

⋅ Jul 2, 2022 2:47 PM

THE TREND IS YOUR FRIEND - THE FIRST GOLDEN RULE AT THE FOUNDATION OF TECHNICAL ANALYSIS.

A Multi Month parallel channel from December 2021 is PERFECTLY confirmed by Price Action; The NEXT INTERSECTION with The Lower Support Trendline

Is IN THE PRICE CENTERED ON 5,100 dollar per Bitcoin.

In full agreement with the previous bottom at 3500 ADJUSTED for inflation.

Converges with similar predictions by supply zone and multi-year Bitcoin lowest values behaviour.

Comments

Gunslinger2005

⋅ Jul 2, 2022 2:56 PM

lol hope you are not using leverage. because it is not going there anytime soon

cure4virus

⋅ Jul 2, 2022 3:11 PM

@Gunslinger2005, Period of Leverage on Drops and period of NO leverage after drops.

cure4virus

⋅ Jul 2, 2022 3:13 PM

@Gunslinger2005, THANK YOU FOR EXCELLENT AND FRIENDLY advice. I know the value of that principle - low leverage serene trading
.

Btc_Hunter1

⋅ Jul 2, 2022 7:41 PM

I thine the bottom will be about 10k to 12k.it's better not to Say the any price! we can say the bottom of the channel will be the buy zone price and every price can be!