Bitcoin reached last target or not ?!
Actually i'd like to apologize for my absence from the past period but there's nothing to say after my latest analysis
I said that we'll pump because never lie , we reached the last target as i said
But what is next ?! .. As you can see there's 2 * Red & Blue * the summary is we need at least 1D candle above the red line to reach the new targets in the end of the real down-trend
The vision: break-down the blue trend but i think this time we'll break the bottom to make a new one and this in case the vision just happened
What should i do now ?!
Hold and wait for the break-out/down then take the decide to sell or to stay for the new targets
All what we need now is to keep following the chart continuously
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There's a very clear bearish divergence on daily frame this give us signal to sell now and be in the safe zone and just keep watching after gaining our profits
Re-buy again in case we closed 1D candle above the blue trend with volume
Hello everyone , I'd like to apologize for not interacting with the past period
I know that is the title so strange but i mean that if not fractal we can also take the right action , Just we need to stay above 3722 support to reach our targets but for the short-term i think 4030 is our last target not because of the fractal but also the volume is so bad .
But i'll open short position 3960 zone because this resistance is very strong and to reach our big targets such as 4150 & 4350 we need to stay above 3960 with a strong volume not fomo movement like the previous one
So keep your eyes on the current support 3722 and the next resistance 3960
i'll update after the next action
There's a strong resistance between 3930 - 3960 you can sell there because a correction from this area is expected , keep in your mind that the break-out or break-down depends on the speed of the movement
Meaning that in the case of strong pump we'll break this resistance so easily , but current movement is slow and that means bounce is expected in addition to the bear flag
All these targets for short-term and i'll update in case we saw a different movement just all you have to do now is to follow the market well to gain your profits