Bitcoin - Is the 19,000$ update ready - or a correction?
I marked two strong levels for you: the 17500 mark
and 17 380.
These levels will serve
the basis for starting from them
and understand where the bitcoin price will moveHello traders.
The first thing I want to say to everyone is that the upward trend is still relevant!
judging purely because the trend
ascending is what we see twice
retest at this level, this indicates
what is the priority
still upward price movement
if the price
goes up the nearest target will be
mark 18 500 the next target will be
mark 18 700 and
respectively $ 19,000 for 1 bitcoin
in order to understand where will be
movement needs to be based on data
levels and build a certain
flat range (Flat)
When you see a candlestick closing on the 4-hour timeframe below 17200, (Please understand - not with the tail, but with the body of the candle, complete closing below this mark) feel free to look for a sell entry. since they will go to update the price - 16800 - 16500 - 16150. (where the price of the ritest will lead, I can't tell you for sure, but these values will be worked out by 90%
)
At the moment, I do not see any reason to look for a short position yet, as the trend is upward, and there are no special signs for a fall.
Judging by the mood, expect the closing of margin calls standing in short.
I ask every trader, whether you are a beginner or an experienced one, always trade with a stop loss.
Since the statistics are bull run, I have always made a 30% correction - do not forget about it!
and 17 380.
These levels will serve
the basis for starting from them
and understand where the bitcoin price will moveHello traders.
The first thing I want to say to everyone is that the upward trend is still relevant!
judging purely because the trend
ascending is what we see twice
retest at this level, this indicates
what is the priority
still upward price movement
if the price
goes up the nearest target will be
mark 18 500 the next target will be
mark 18 700 and
respectively $ 19,000 for 1 bitcoin
in order to understand where will be
movement needs to be based on data
levels and build a certain
flat range (Flat)
When you see a candlestick closing on the 4-hour timeframe below 17200, (Please understand - not with the tail, but with the body of the candle, complete closing below this mark) feel free to look for a sell entry. since they will go to update the price - 16800 - 16500 - 16150. (where the price of the ritest will lead, I can't tell you for sure, but these values will be worked out by 90%
)
At the moment, I do not see any reason to look for a short position yet, as the trend is upward, and there are no special signs for a fall.
Judging by the mood, expect the closing of margin calls standing in short.
I ask every trader, whether you are a beginner or an experienced one, always trade with a stop loss.
Since the statistics are bull run, I have always made a 30% correction - do not forget about it!
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