Where is the end of theš»Bearš» marketāļøā
Updated
First, I must say that I have good news for Bitcoin fans: Bitcoin has been moving in an Ascending Channel since July 2017, so there is still nothing to worry about, and there is a possibility of Bitcoin growth (Bitcoin has reacted well to all ascending channel lines).
šA question I hear a lot these days: Where is the end of the bear marketāļøā
šThe answer to the above question is available in my chart š.
In my opinion, the end of the bear market can be in the heavy support zone.
Also, Bitcoin has lost about 80% in its first fall from the top of the ascending channel, and it is expected that the current drop amount will also be about 80% (exactly in the heavy support zone).
š¢Heavy Support zoneš¢: $13880 - $11280
š“Heavy Resistance zoneš“: $36540 - $28800
Bitcoin Analyze ( BTCUSDT ), Weekly Timeframeā°.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ā ' like'ā button šš & Share it with your friends; thanks, and Trade safe.
šA question I hear a lot these days: Where is the end of the bear marketāļøā
šThe answer to the above question is available in my chart š.
In my opinion, the end of the bear market can be in the heavy support zone.
Also, Bitcoin has lost about 80% in its first fall from the top of the ascending channel, and it is expected that the current drop amount will also be about 80% (exactly in the heavy support zone).
š¢Heavy Support zoneš¢: $13880 - $11280
š“Heavy Resistance zoneš“: $36540 - $28800
Bitcoin Analyze ( BTCUSDT ), Weekly Timeframeā°.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ā ' like'ā button šš & Share it with your friends; thanks, and Trade safe.
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šContact & Learning Technical Analysis št.me/Ad_ProTrader365
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