Bitcoin 3H
Updated
BTCUSDTBTCUSDWe've got another Bitcoin analysis for you.
The short-term future of Bitcoin will be decided by the price action between 2024 and 18,000 USD.
There are two probable return scenarios for Bitcoin, based on the examination of the price movement pattern and the candle structure over the past three hours.
If the price can close over the 19836 candle level, there is a probability of a price increase to the 20,900 level, which would bring us back to the 20,000 level (or even higher).
In the second scenario, the price is anticipated to return to 18015 if it stays below 18836 and ends its candle below 18630.
In either case, if we have the aforementioned approvals, we may enter the position in a one-hour timeframe and advance in the trend's direction.
After getting confirmation, a range of 18630 is the best place to set a stop-loss for a buy position.
after receiving confirmation, the 19836 range should be used as the best stop-loss for the sell position.
If the analysis meets your needs, tell your friends about it.
CrazyS.
Trade closed: target reached
The predicted pattern worked correctlyTrade closed: target reached
22251.26 level reached
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🍀Ride this journey with us🥂
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