BTCUSDT.P trend broke, let’s go up to $107,550 🔥Community discussions
BTCUSDT.P trend broke, let’s go up to $107,550 🔥
BTCUSDT.P who else is shorting from 93k?
BTCUSDT See this simple chart to understand the upside movement possibilities based on bigger channel for upper range possibilities; and ending of bear trend towards lower possibilities. Anything can happen. I am not God to know everything. Price is on the verge of breaking lower channel to move to parent channel of movement. If bearish we could move down now at 92.3 or bullish to upper numbers could be possible and then reversal may or may not happen which will be dependent on market decision. If upside continues we may become bullish until next week beginning or so and then the reversal to down trend maybe. I hope you can understand my viewpoint which is why is suggested a short entry at own risk considering logic and possibilities. Market structure forming now is also promoting upside movement so it hard to say. As you can see 92500 is breached which was a consideration point to go long this morning before the dip. So as you can see a lil bit of crazy is happening and I am only sharing the facts I understand so far.
ATB
BTCUSDT trading short is more profitableBTCUSDT Short entry possibility at your own risk at 92,200 coming up. It is very strange currently since bear target remain 81.8 and bull targets set to 95 which is strange coz they are too far apart and makes no sense.
BTCUSDT I wished pumps went straight up, this shit literally went straight down and still don't wanna give long at least a 10% rally smhBTCUSDT Which one do you expect: 85 k $ , 80 k $ or 75 k ?BTCUSDT So apparently what is happening is: Some change in structure happening which may allow upwards movement to continue. Bull target 95 as of now; could change. Alternatively we could reverse at 92.6/7 if the market is bluffing.Resistance exists at 92.2, 94.9, 97.A strong bullish push is in position at 90.1 trying to break 92.1 and if succeeds could attack 94.9 and win. Beyond that the bears are strong as of now at 97 but that could change as the market progresses. This could be a temporary structure as well, however an upward movement is in progress since downside liquidity is missing. Expecting: Once enough liquidity is secured Bears may attack again or the structure may change. I personally don't think the bear trend is over, pending confirmations. So going with the flow, pull down exists from papa bear from 97 to 88 midway and further 82. Once we can confirm the trend to reverse towards bearish again we can expect these numbers unless structure changes again. (Joke: This is all for now, Roxanne Sim Sim..Reporting..(Ref: Ghost Rider)) ATB
No guarantees, only personal opinion and understanding. Anything can change anytime.
BTCUSDT Double bottom is being formed on 4h TF, Now let’s see how much they are going to squeeze those who sold around the local bottom. First level to watch is 4h close above 93300.
BTCUSDT if you zoom out to the longer time periods (daily, weekly), you'll see that we are just barely hanging on to the bull support band at around 91k, with the upper range sitting at 107k. Big moves will come only if and when the support or resistance are broken with confirmation. Good luck.