very important area , last year in this time we were here and this 2 months are very important .
it started the move . lets see if it goes to target
i think its a pullbakc for more uptrend . lets see what happens
seems like a pullback . lets see if it keeps falling more
its a test trade that ive working on it . lets see what happen . will free risk it after a good profit.
we need to confirm that the wave C has ended , then we can sell it to specified area.
looking forward to bitcoin movements . this year not ging to be like last year and losts of bullish movements
while its below 45k area , it can go down to 35k . the news about Ukraine is important too.
we should wait for it to breakout from this triangle , then we can guess the further movements.
i guess it can go further up , in case of 1846 breakout.
it seems that btc as leader of market cant get a good reversal and pump to the upside yet. if we break 40k the new targets are shown in the pic .
whilst it remains above 76 , can reach 92 .
if it breaks 66.5 the next support will be 52.5
waiting for support to breakout and it will reach 0850 . resistance breakout can happen in alt season .
in weekly timeframe , we have an important support level . if price reject this area again we can hope for more up . the resistance levels are shown in the pic.
everything is clear . wait for breakout .
we are not fortun tellers , we are just traders and we trade based on price actions
ICP is on a good support level , if it breaks 44 we can see 50 and then 54 .
if it breaks 38 to the downside , next target is 28.
53k is very important support level for btc , if it breaks , we would see 48k and 41k after it.
if it reacts to these support level here , breaking 61k can take us to 65k then 70k .
on a strong support level . if it breaks the 58k we can see 53k as the next support level.