correction confirmed next stop 24-25.5k
Updated
Hello everyone, hope you doing great.
in the last analysis and update i mentioned we should wait for the correction to around 22700, and also i said the RSI in 4h time frame must hold above level 50 to going for long position.
and as you can see that happened, so please support my work by your like tell me what do you think about the next BTC move.
there is some expired fundamental news about selling Bitcoin by Tesla and so on! but we already had that selling pressure and felt the reaction of the market before! so i guess its not gonna effect much , we don't know yet.
so lets wait and see if BTC can hold the 22500 area and rise up to our first target around 24500-25500K .
this idea is invalid if the price goes below 22500 and remain there for more than 4 hours.
happy trading
in the last analysis and update i mentioned we should wait for the correction to around 22700, and also i said the RSI in 4h time frame must hold above level 50 to going for long position.
and as you can see that happened, so please support my work by your like tell me what do you think about the next BTC move.
there is some expired fundamental news about selling Bitcoin by Tesla and so on! but we already had that selling pressure and felt the reaction of the market before! so i guess its not gonna effect much , we don't know yet.
so lets wait and see if BTC can hold the 22500 area and rise up to our first target around 24500-25500K .
this idea is invalid if the price goes below 22500 and remain there for more than 4 hours.
happy trading
Note
like clockwork...
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