Hello friends, today I want to share my analysis of Bitcoin with you and I am glad to know your opinion.
As you can see, Bitcoin reacted to the daily trend line and Moving 21 and came back and it seems to be targeting 30,000. I think from there we can have two scenarios:
One is that we have a correction up to about 45,000 and then the price goes back and the other...
In my opinion, an average of 21 in the weekly time has been a significant resistance for the EURUSD and has returned the EURUSD to a downward trend. This trend may continue up to 78% of Fibonacci daily.
Hello every one
In my opinion, there is a strong downward trend in bitcoin. The evening star pattern is seen during the monthly period and we are below the trend line in 4 hours. The price will probably break the yellow trend line this time and will reach close to 40,000.
I will be glad to know your opinion.
Is the crypto market in an uptrend ?
4-hour trend line broken and new floors built
I think we should wait to see the price reaction to the yellow resistance and until then we should take the uptrend positions with caution.