". There is a possibility of temporary retracement to the suggested support line (13.702).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. HTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Based on TA bitcoin must've dropped. Many opened short but whales and exchanges moved up price against all traders then many liquided. Rising is ok but why price dropped again? It's very clear that somebody just wanted to liquid retail traders. Exchanges are nothing without retail traders they should respect people not manipulating market like that and stealing...
you can use this as a buy signal
w8 for break out and then correction leg and after a green candle shows up is your turn to place a order above that green candle and stoploss ( most important thing in the market ) is little under that correction ( swing )
This is an idea about O3 pullback
If o3 touch's and being support by support level
can bounce to ~12$ or 13$
Entry price: 4.01_4.02_4.05$
Targets:12 , 13 , 13.5$
⚠️ DO NOT TRADE MORE THAN 5$ OR 10% OF YOUR CAPITAL 💸
this Analyze will be updated...
ETA : Good things come to those who wait.
Chart pretty bottomed out and starting to gain some momentum.
Price currently playing with 200 day MA. once it closes above it (which I expect to be soon). we should see some real action