Welcome back to another episode with analyst Aadil1000x.
There is a tricky move in BTC first there is a breakout of a supportive trendline then there is a bullish pattern below the broken trendline and after that, there is an anti-bullish pattern.
For those who are not aware of this, it's a complete set of patterns but each pattern is formed to trend against each other and all patterns are using the same trendline which is now working as a magnet.
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Absolutely agree with your point of view, thanks for sharing!!
Solldy
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There are doubts about the zones that can meet the price during the movement, so I think it is worth waiting for new arguments or fixation for the continuation of the movement.
Aadil1000x
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@Solldy, If the anti bullish pattern is at perfect place then there is no way BTC will move upside without breaking the 16K level.
I am not able to trade in this situation. Two orders were zhacked at 0 in the last 4-5 days (as I was setting stoploss equal to opening price). Of course I'm set on bitcoin coming out at 10000 and etherium at 400, but I'd also like a comfortable trade now. So it's not coming out yet. Maybe I'll wait for the full bottom, maybe I'll get other opportunities.
Aadil1000x
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@averkieskila, Yes Waiting for the bottom is a great idea and i will catch the bottom of Bitcoin with pinpoint accuracy and yes it's below 10K.