Hi dear traders
As you saw in the previous analysis, we got full profit 📈.
In the 4H time, there is an bullish divergence between the price and the RSI.
Therefore, we expect the price to pull back to the 23K area, close to the EMA50, and then return to the main support area.
Price is now in the 22K support zone.
It needs to go down to go up in the coming months.
In the long term, we expect targets of 35K and 40K.
Now I expect this scenario.
We are trying to take profit 📈 in short term ✅
Let's see what happens
This is not financial advice ( DYOR )
Good luck
As you saw in the previous analysis, we got full profit 📈.
In the 4H time, there is an bullish divergence between the price and the RSI.
Therefore, we expect the price to pull back to the 23K area, close to the EMA50, and then return to the main support area.
Price is now in the 22K support zone.
It needs to go down to go up in the coming months.
In the long term, we expect targets of 35K and 40K.
Now I expect this scenario.
We are trying to take profit 📈 in short term ✅
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Trade active
Now we can open long position until 23k SL 21.78 K
This is risky ,but I am trying to do it
Let's see what happens
Note
An upward divergence can be seen in the daily time of Dominance Usdt. If the resistance of 7.94 is broken, the downward trendline will also be broken. It is very likely that BTC will fall to the indicated support areaNote
Hi dear traders As you can see, the price has maintained the support of 22k. I opened a long position at 22.1k with a stop loss of 21.78k. Target 23k. If there is a false breakout in this area, we enter a short position according to the analysis.
Let's see what happens
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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.
Related publications
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.