#Bitcoin when shall you go to $30000? But now $25,500 ?
PLEASE make sure this is a 4HR ANALYSIS AND I am staying with my old analysis!
This is based on a swing or day trade.
BTC is facing res and as i have mentioned on earlier charts, It likes to face local resitance hence liquidation. But again res at 100SMA so $26380 in cards sooner, So one can take a shorts, and if it reaches, one can expect inside candle breakthrough $27766. Though 1Hr shows shooting stars means facing a sellouts. A shorts would lead to $26688 and then $26500
This is based on a swing or day trade.
BTC is facing res and as i have mentioned on earlier charts, It likes to face local resitance hence liquidation. But again res at 100SMA so $26380 in cards sooner, So one can take a shorts, and if it reaches, one can expect inside candle breakthrough $27766. Though 1Hr shows shooting stars means facing a sellouts. A shorts would lead to $26688 and then $26500
Trade closed: target reached:
So Smooth