⚠️Don't get FOMO on Bitcoin⚠️
Updated
Hi everyone👋(Reading time less than 3 minutes⏰).
Why Shouldn't we Get FOMO on Bitcoin❗️❓
Please be with me in this post to answer this question.↘️
To analyze Bitcoin, I first used Fibonacci tools (price + time), I also identified 🟢support🟢 and 🔴resistance zones🔴 on the chart, and I used Volume, RSI, and Bollinger Bands indicators. I also specified 🔵CME Gaps🔵 on the chart that can be a road map for Bitcoin because they are completely filled up to this time.
⚠️Reasons not to get FOMO:⚠️
🔔So, I expect Bitcoin to at least fall to the middle pitchfork line & support line and fill the first lower 🔵CME Gap($ 28,265- $ 28,110)🔵.
Bitcoin Analyze (
BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Why Shouldn't we Get FOMO on Bitcoin❗️❓
Please be with me in this post to answer this question.↘️
To analyze Bitcoin, I first used Fibonacci tools (price + time), I also identified 🟢support🟢 and 🔴resistance zones🔴 on the chart, and I used Volume, RSI, and Bollinger Bands indicators. I also specified 🔵CME Gaps🔵 on the chart that can be a road map for Bitcoin because they are completely filled up to this time.
⚠️Reasons not to get FOMO:⚠️
- Bitcoin is moving in a 🔴heavy resistance zone ($ 32,400-$ 28,120)🔴, and most resistances or supports are not broken with the one-time test.
- Bitcoin is moving in the 🟡Price Reversal Zone(PRZ)🟡.
- Bitcoin is moving in the 🟡Time Reversal Zone(TRZ)🟡.
- The Regular Divergence(RD-) between Volume & RSI indicators, and the price.
- ❗️Sell❗️ signal Bollinger Bands indicator: Sell signals form when the price goes up and a green candle breaks and closes above the upper band, and then it is followed by a red candle closing below the band.
🔔So, I expect Bitcoin to at least fall to the middle pitchfork line & support line and fill the first lower 🔵CME Gap($ 28,265- $ 28,110)🔵.
Bitcoin Analyze (
BTCUSDT ), Daily time frame ⏰.Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Comment
Bitcoin runs Descending Channel within an Ascending Channel!!!▶️
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Bitcoin is completing a pullback and Falling again😉(Short term)
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Is the Head and Shoulders pattern Trigger for Bitcoin to Fall❗️❓
Trade closed: target reached
CME Gap was filled.✅TRZ worked well.✅
Comment
Bitcoin is moving directly toward $ 26,680-$ 25,920Comment
Bitcoin was Sandwiched & Black Crows took the Sandwich🥪😂
Comment
Bitcoin Daily Time frame.
What's your idea?
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Will BTC break the middle line of Pitchfork or not? What is your idea?Comment
Bitcoin Analyze (Road Map, 05/06/2023)!!!🗺️(4-hour time frame)
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