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Hypov
Dec 11, 2019 3:43 AM

INTRADAY 11/12/19 Forecast BTCUSDt Binance Long

Bitcoin / TetherUSBinance

Description

Dear friends,

Continuing intraday forecasts.

This idea is open and published as part of my content promotion. I draw your attention to the fact that from 11.11 all forecasts are only in the closed channel.

Yesterday, Bitcoin followed exactly the bearish scenario (see red arrows):



At the moment, the price of Bitcoin is between 7000 - 7450 USD

Trend by TF for today:
Week - bear
Day - flat
4 hours - bear

The situation on the BTCUSD market today.
The most likely scenario for the day is a bullish scenario with consolidation at current levels (see green arrows)


The bullish scenario activation level is fixing above the green key level.
The activation level of the bearish scenario is fixing below the red key level.
Otherwise, the lateral movement scenario remains the priority - see the grey arrows.

Estimated limits of the trading range for today:
top trading range for today - 7450 USD
lower trading range for today - 7000 USD

Weekly scenario - bullish correction - the scenario can already be considered executed.
 
The upper limit is 7600
Lower limit - 7000


The global scenario is the movement in the bear channel.
The upper limit is 8600
Lower limit - 4850


Good luck to everyone and good profits!
Regards,
Mikhail @Hyipov

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Dear Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
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