Bitcoin Daily Wave Analysis (Short)
Bitcoin had formed a wedge pattern last month so we predict correction and that happened.
We asumed that the price will reach 43K on the botton of wedge pattern, now we have a supportive level(43K).
BTC has break two important daily and weekly Moving Average.
Now we make another analysis, One more likley scenario is that we see a pullback on 48K and then go short to about 34K.
31-34K we SHOULD saw a strong support on this level, and we could go Long then.
Be aware of money managment and risks.
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Comment your valuable oppinion.
Thanks.
We asumed that the price will reach 43K on the botton of wedge pattern, now we have a supportive level(43K).
BTC has break two important daily and weekly Moving Average.
Now we make another analysis, One more likley scenario is that we see a pullback on 48K and then go short to about 34K.
31-34K we SHOULD saw a strong support on this level, and we could go Long then.
Be aware of money managment and risks.
Drop Like to give us energy.
Comment your valuable oppinion.
Thanks.
Trade active
Market has high tendency for correction so pullback has not happened !
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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.