i post this TA without any explain
because there are many scammer copy my idea
so trust me .
you can long btc with this setup . SL should be around 9550
i will post the reason after first target
As i said in my last TA Btc broke 9050 support and now its a poweful resistance.
For now we are going to test that resistance
if we can close candel above this green box then bull will be in charge again.
and first target will be around 9400 but this is our second scenario and the weak one .
our more probable scenario is testing that box then rejection from...
Given the reaction to the support of the 8800 level, we saw a strong return.
That led many traders to reconsider the upward trend.
But what I see is more like a bull trap.
So we can go back to any of these resistance.these lvls is based on fibonacci lvl .
So don't think about opening the Long position in here and my offer is look for short at every level...
As I mentioned in the previous analysis
The green box should not be broken in a valid way, and that point can change the trend for us.
Well, we finally got it, and the next move and target is quite typical for us
As I pointed out in the previous analysis!
I hope you closed your long positions that we opened in the 8400 range.
And get good short...
After a $ 2,000 dump, we saw a very good recovery from 8400 lvl
I think that area was well supported and did not allow bitcoin to fall
further Continuing to move up to 8100 was just to get more liquid and was worthless
We are still in the process of bitcoin rising. And we have another chance to test the powerful 9500 lvl
If that area is broken, the...