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OK_Rane
May 11, 2021 3:33 PM
BTC Price action: Breakout of ascending wedge
BINANCE:BTCUSDT
1D
Bitcoin / TetherUS
Binance
Description
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May 11, 2021 3:33 PM
Upside : prices needs to closed above 58k. Downside: 50k,47k,41k. These levels are matching with previous support, volume profile and Fibonacci Ratio. If prices closed below 55500, it will be a short scenario.
Trend Analysis
Chart Patterns
Wave Analysis
BTCUSD
Cryptocurrency
priceactionanalysis
Comments
shankarkluhar00
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May 12, 2021 12:25 PM
Hello ommie bhai I liked your analysis.
can you say current scenario of btc should we short??
shinasn
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May 13, 2021 6:17 AM
what is the next move? It will go high or low. Please add your findings
OK_Rane
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May 13, 2021 10:33 AM
@shinasn
check latest blog, as long as it is above 41k , we can’t say market has turned bearish
OK_Rane
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May 12, 2021 12:31 PM
Once you go below 50000, you will see head and shoulder
CRYPTO9015
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May 12, 2021 12:45 PM
@Ommiee4141 can i do short trade on btc?
OK_Rane
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May 12, 2021 2:57 PM
@CRYPTO9015
Yes you can, you need to use margin trading
OK_Rane
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May 12, 2021 12:28 PM
Not until 55000
More
can you say current scenario of btc should we short??