BitcoinUpdated 30minutes | Bitcoin | Analysis | 26/12/2024
Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so about yesterday analysis, we're measuring it's outcome today as we have ranging break because of Christmas, so we'll skip that move. So today we have seen only one IFC that run the recovery move. For now we have the following key levels:
Bullish
Simply, an IFC again required for corrective move, breaking up the Hammer at the Minor Character Changing level. Otherwise market continue bearish structure.
Bearish
Market is overall bearish as i told you yesterday, so volume is required for the bearish players. Exactly, volume can came from the bulls, so that's why bear welcoming bull to capture and hunt him, I mean trapping the bull's, sweeping SL's and show the powers.
I hope you understood my views about the market. Let's measure the upcoming move together.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
26/12/2024
Hope you are fine and doing all of your great, so about yesterday analysis, we're measuring it's outcome today as we have ranging break because of Christmas, so we'll skip that move. So today we have seen only one IFC that run the recovery move. For now we have the following key levels:
Bullish
Simply, an IFC again required for corrective move, breaking up the Hammer at the Minor Character Changing level. Otherwise market continue bearish structure.
Bearish
Market is overall bearish as i told you yesterday, so volume is required for the bearish players. Exactly, volume can came from the bulls, so that's why bear welcoming bull to capture and hunt him, I mean trapping the bull's, sweeping SL's and show the powers.
I hope you understood my views about the market. Let's measure the upcoming move together.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
26/12/2024
Note
This is what we're measuring the weakness of bull pressure!
Cheers,
Keep Learning.
Thanks!
Trade active
Be Careful Leverage Traders, market is at the central area as well as in order block, we can measure the internal demand if we see the DEMAND but we can take previous supply if market goes further bearish!
Thanks!
Trade closed manually
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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.