LuckyTrader102

Update BTC D1 from 1/5/2020 pattern and timming

BINANCE:BTCUSDTPERP   Bitcoin / TetherUS PERPETUAL FUTURES
As you can see, our confirmation price zone to target 3 is 58561 continuously rejected.

Today I will analyze thoroughly for you where we are and how we should do

At first, BTC .D is still falling so that BTC rises with the altcoin rally until BTC .D hits 52.x points. (Temporarily is like that)
Looking at the chart we have 3 points to note

1: We are on a very strong bullish pattern with 3 targets 1,2 and 3.
(Sometimes target 3 won't complete when a bear market gets too strong + bad news happens). Otherwise, it can extend 100% more with target 3 (That means BTC surpasses 68k threshold).

2: We have a 3-high bearish pattern that continually tests the 63000 level and is rejected
3: 2 times the uptrend line is broken.

From (2) + (3) we have
There will likely be a chance that BTC will return to test lower support levels below at
52500
45000 And last is 35000 and then continue to accumulate to go up.


So what should we do: First, the uptrend is up, so of course, buy first and then sell down later.

To be sure, I recommend you wait until the end of April 7, 2022 to open any big trade for both buying up and selling down the entire market. Because I think we already have quite enough data.
Free Group: https://t.me/DQchannel102

Register Premium: https://bitly.com.vn/mka69k

Register class technical analysis: https://bitly.com.vn/w9kzv6

Inbox me: Telegram @Bean9999 for more information.

Comments

April 7, 2022? I guess maybe u typed wrong, is it April 7, 2021?
Reply
LuckyTrader102 Terryjin_314
@Terryjin_314, yes, 7/4/2021
Reply
thanks
Reply
LuckyTrader102 tepliydenek
@tepliydenek, You are welcome :)
Reply
perfect explanation and chart, thank you ⏫✔
Reply
@jazerbay, You are welcome :)
Reply
Nice analyze
what about the fibs?
Reply
@saspect1, Its here :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out