BTC Duel Of Fates!As we look at the $42K price zone we see a lot of confluence in this zone. BTC is currently at a very important price juncture and how it reacts will dictate the direction the market takes in the coming weeks/months. Personally, I'm in the bullish camp and I believe BTC has the steam to continue the bull market, unlike many others believe. I believe this price zone is far more important than many realize and admittedly, failure at this price zone will not be a good sign for the bulls. We'll need to carefully monitor what direction the market takes this week and react accordingly.
Btcusdidea
BTC ANALYSIS AFTER BUYER HAVE REACHED THIER HIGHT THEY COULD AT THE POINT OF INTEREST WHICH IS KEY LEVEL FOR OB 41K+ ,SELLER ARE MORE IN THE MARKET AS THE TREND IS NOW A DOWN TREND.
So after every pullback we should be having more of shorts than buys!
Let's see how we make some moves with this analysis.
Bitcoin- Strong intraday reversalAs I said a couple of times this week, I expect a new leg up from Btc and the main crypto can reach 48k zone.
Yesterday, Bitcoin started the day badly and has dropped to a 37k low.
From here bulls took total control and BtcUsd has finished the day in the green.
This is a clear indication for me that a higher low is in place and we can expect a higher high soon.
48k remains my target and dips should be bought.
Only under 36-36.5k we have reasons of concern.
Bitcoin- Evening Star in resistance. A sign?Bitcoin had quite a run in the past two weeks, gaining 40%.
At this point we have an Evening Star candles formation just in the falling line resistance and a drop under Friday's low would expose 36k support and 30k further more.
I'm bearish, waiting for confirmation
btcusdt shortReasons :
1)its below the yellow ema line and it directing downwards
2)nice pattern trend
3)price action at 40,000 level
there are 2 support levels ,
the 1st support level would be our entry point and
the 2nd support level would be our take profit
as you can see i decreased a little amount of pips from take profit i.e 2nd support level because we want the market to hit our tp sucessfully
BTCUSDHello dear friends
Given the scenario we talked about earlier in the previous channel, we are now at a critical juncture that could change the market trend. Now we have to wait for the market trend in this triangle to come to an end so that we can make decisions more easily. Please write your comments for me below this analysis and I will be happy and welcome. Be profitable






















