hey traders Look at the chart What u think about BTC ? as we expected, Price reachd the target which is ATH now, i can see something in the chart that marubozu candel is not enough for me to take is as a break out, so i expect Bears push the price down to the previous support u can check the potential destanation for bears, also potential support area for bulls its my vision about BTC B4 Price break this lvl and going for 87K share ur chart and leave a comment
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Target 1
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Price Rejected from the Resistance area 64-65 Bears trying 2 make a new Zone in LL & break it down to the next Support zone which is 57-58 Lets see whats hppn
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Target 2
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Trust me, it doesn't matter if this chart is a year old Analyzes are based on mathematics, so it will always be useful to recognize trends Check the lvls
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Check where is the price, use it for trend confirmation , is this bearish? Hell yeah
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Back 2 the lvl
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and get rejected playing at dynamic lvl for the twelfth 4H candle
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to reimnd as i said B4, its my trend confirmation chart im still use this chart for trend confirmation since 2021 and i will use it till 2025
so, play the chart, and check where is the candles were going to touch the lower red Fib , and its or first target for this mid-term move yes it will take some time and there will b some oscillation in lower TF, but were going 2 touch that fib in the end
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Rejected from green fib ) EXT ) play and check where is the candle and use these lvls for trend confirmation
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now we can take this lvl ( red lvl ) as a potential resistance area in next touches
Let's see how price behaves at the current levels. Thanks for sharing.
HesamUNT
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@SwallowPremium, u find it its one of my confirmation charts I'm still waiting, as long we play below this lvl. 16-17 is likely for first target cheers