BTCUSDT Perpetual Contract
Short
Updated

Bitcoin to follow past trends/fractal moves?

4โ€ฏ370
๐Ÿ‘‹
๐Ÿ›ค๐Ÿœ๐Ÿ๐Ÿ–๐Ÿ›ฃ๐Ÿž๐Ÿ•๐Ÿ›คโ›ฐ๐Ÿ”

๐ŸŒ‹๐ŸŒ…๐ŸŒ„๐Ÿ—ป

Targets : ~ 44,200, 42,400


I am expecting another sudden drop soon, followed by consolidation /sideways movement. It would be best for BTC to move in a descending fashion to a final bottom of ~42k, completing the fractal and making way for upside. โฌ
snapshot


๐ŸปFor BTC to be considered in a bear market , we need to go below ~39,700 level.

Check linked idea for further information.

Thank you so much and always remember ๐Ÿ˜‰๐Ÿ‘‡

๐Ÿ›‘๐Ÿ›‘๐Ÿ›‘This is not financial advice๐Ÿ›‘๐Ÿ›‘๐Ÿ›‘ Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!

Always have a stop loss โœ‹๐Ÿ›‘๐Ÿ’ฒ set๐Ÿ†—



Any thoughts ๐Ÿ’ญ๐Ÿ’ก, questions ๐Ÿ™‹โ€โ™€๏ธ๐Ÿ™‹โ€โ™‚๏ธโ“, good ๐Ÿ‘, bad๐Ÿ‘Ž, happy ๐Ÿ˜„ or sad ๐Ÿ˜ฅ, in the comments always welcome.


๐Ÿถ
Note
snapshot We are at a very important point in this structure. Watching closely on the daily.

Thank you so much ๐Ÿ‘‹๐Ÿ˜
Note
snapshot
Note
snapshot As you see we did get rejected from top of channel here.


Last plan did not go as expected, we bounce off 200 day MA and up to ~52k where we got rejected. Now today we see a death cross (9day MA going below 200 day MA)

I think it is very possible we come down a good amount now before more upside!
snapshot


Thank you so much!!!

Happy day all ๐ŸŒ๐ŸŒž๐ŸŒ—

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