Short

BTC current movement analysis

Updated

Seems that we broke the very strong support right now and it looks valid, If it stays bellow that for few hours without touching that then we might have pull back to that valued area and go down to the next support line which you can see on the chart

Trade active

Looks that we are going on, The target would be around 29180 and a possible buy stop for short term upto the level that had been broken, still there is possibility of going down to 24K if the market get panic , but in my opinion reverse would be around 27K-29K and going upside to reach the ATH.

Trade closed: target reached

The first target at 29180 had been reached and you can take a long trade based on 1 hour candle stick formations upward ... probably would be a aggressive high risk trade but might be a good chance to buy bitcoin in this area

Trade active

Still waiting for Bitcoin to close above 32K daily for the next leg up. otherwise we could see lower levels

Trade closed: target reached

alireza_Msh

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