Hello everyone.
When I was looking at the bitcoin graphic I could tell that you might be witnessing the same movement that had happened in the past. We are seeing the repetition of a bearish correction, which is divided into 3 sections which lead to the blue EMA that serves as a trigger and continue our upward path. We are currently in the third section (3) which tells us that the last bearish move towards the blue ema. I think that this correction ends in the range 3,600 to 3,800 which is a very strong support area. As investors, we must stay focused and decide when is the best time to enter this market.
Thanks and have a nice day.
Like and Follow.
When I was looking at the bitcoin graphic I could tell that you might be witnessing the same movement that had happened in the past. We are seeing the repetition of a bearish correction, which is divided into 3 sections which lead to the blue EMA that serves as a trigger and continue our upward path. We are currently in the third section (3) which tells us that the last bearish move towards the blue ema. I think that this correction ends in the range 3,600 to 3,800 which is a very strong support area. As investors, we must stay focused and decide when is the best time to enter this market.
Thanks and have a nice day.
Like and Follow.
Note
3800?Trade closed: target reached
Note
TIME TO BUY!Trade closed: target reached
well...
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.