Trend line resistance ok, 50 ema ok, candlestick pattern ok but still waiting for 4hr support trend line break out and pull back and rejection then sell order is confirmed thanks
wait always price action in specific key areas, no one predict which way price will move next
it is my personal idea base on my simple TA. when will the bull run really start? please see the answers in the chart according to how price played in the past
Market doesn’t care what we want it does what is it want, we predict only base on the live watching game bear vs bull who gonna win on the spot
Don’t Buy when blood is everywhere on the street it’s old school theory, Buy only when bleeding is over it’s new school solution
No one trust btc price action unless it’s touched previous monthly resistance and it would be big support if traders or investors are waiting or looking on this level before that everything trying to up would be unsustainable or big bull trap in my simple TA
BTC second time tried to push but failed and third time tried again ended up lower high. It is clearly we can see in monthly chart so my simple technical analysis and understanding next price would be under $1500 usd until and unless hit this price BTC won’t gain trust by investors because biggest support level is under 1500$ usd so trade or invest with caution.