BitcoinShort
BTCUSD Daily
Updated
There re 2 posibilities tht i have in my analysist.
Red path and Blue path.
Red Path : not able to break from nearest demand area, then go up until nearest supply area, then goes down again to retest demand area on 265xx
Blue Path : able to break nearest demand area then go to nearest support or next demand area. after that, it will bounce up to supply area around 298xx, then will go down again to 171xx with a couple of sideways ofcourse.
overall, it's starting to show the downtrend. use confirmations if u wanna buy or sell.
don't forget stop loss.
Red path and Blue path.
Red Path : not able to break from nearest demand area, then go up until nearest supply area, then goes down again to retest demand area on 265xx
Blue Path : able to break nearest demand area then go to nearest support or next demand area. after that, it will bounce up to supply area around 298xx, then will go down again to 171xx with a couple of sideways ofcourse.
overall, it's starting to show the downtrend. use confirmations if u wanna buy or sell.
don't forget stop loss.
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Not Yet break nearest demandNote
Is it going to break today?the best strategy is wait n see first for confirmations...
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ohh, its break...great. wait for sell zone
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huhu... what will happen to this coin when BRICS create their own currency ??I can't wait to see it
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