What happens when Bitcoin touches $30,000❗️❓🤏
Updated
Bitcoin is still moving in the 🔴resistance zone ($ 32,400-$ 28,120)🔴 also, several times, Bitcoin is attacking the Important Resistance line.
If you want to understand the importance of the important resistance line, look at the following post.👇
In addition, the Fibonacci cluster near the number of $ 30,000 is very compact.
Also, the growth of Bitcoin happens with the Regular Divergence(RD-) between the price and the RSI Indicator, and it is expected that the RSI will reach 70% in the daily time frame and fall again.👇
So, I expect Bitcoin to close to $ 30,000, which is also a round number, after a small correction and then move toward the resistance line. In general, I don't expect to break the heavy support zone with just one test on the daily time frame; at least a major pivot should be created on the heavy resistance zone, so Bitcoin needs to correct and attack the heavy resistance zone again.
We have to wait until Bitcoin fills the 🔵CME GAP($ 28,720-$ 28,265)🔵.🤔
Bitcoin Analyze ( BTCUSDT ), 4-hour 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.
If you want to understand the importance of the important resistance line, look at the following post.👇
In addition, the Fibonacci cluster near the number of $ 30,000 is very compact.
Also, the growth of Bitcoin happens with the Regular Divergence(RD-) between the price and the RSI Indicator, and it is expected that the RSI will reach 70% in the daily time frame and fall again.👇
So, I expect Bitcoin to close to $ 30,000, which is also a round number, after a small correction and then move toward the resistance line. In general, I don't expect to break the heavy support zone with just one test on the daily time frame; at least a major pivot should be created on the heavy resistance zone, so Bitcoin needs to correct and attack the heavy resistance zone again.
We have to wait until Bitcoin fills the 🔵CME GAP($ 28,720-$ 28,265)🔵.🤔
Bitcoin Analyze ( BTCUSDT ), 4-hour 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.
Note
Bitcoin➡️Low volume📊 ➕ Heavy resistance zone🔴 ➕ Wave count🌊
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