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NikanShakeri
Aug 26, 2022 9:01 PM

BTC bounce after a massive drop? 4h chart Long

Bitcoin / TetherUSBinance

Description

so BTC has moved exactly the way I predicted! ( YOU SHOULD CHECK IT OUT! )
after the impulsive drop,I expect some correction on the orange zone(20200-20500) and an upward move towards 22000.
remember,any long position is a reversal trade and thus very risky.if you can't manage your risk,don't trade it!
good luck all and check out my previous analysis.
Comments
zwcarpentryservices
Not happening lol
We broke the bear flag that had been forming for 2 months now. S&P and nasdaq are melting.

We will see a lot of "pain" till December.
NikanShakeri
@zwcarpentryservices not saying otherwise.I said that this is a risky trade because you’re actually trading a “pullback”.might be profitable for lower time frame traders.
Robinhod
GREAT !
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