BTC hits all my targets!!! now what is next?!
Updated
i am bullish on BTC till the the price remain above MA200 in 4h time frame .
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i drawn a clear BTC moves in last few days . hope someone earn some profit out of it.
targets reached so i just closed my long position and waiting for the next sign of weakness to go short or to see a sign of strength to go long again.
in my opinion price can retest 22-22500 area before going up based on the low volume.
if BTC break 24500 during the weekend ,it goes to 26k during the next week.
another scenario: if the price goes down and break 22000 , then there is a high chance to see 19k again which is now a very strong support .
tell me what do you thing about BTC price next move?
please support my work by your like and follow.
i drawn a clear BTC moves in last few days . hope someone earn some profit out of it.
targets reached so i just closed my long position and waiting for the next sign of weakness to go short or to see a sign of strength to go long again.
in my opinion price can retest 22-22500 area before going up based on the low volume.
if BTC break 24500 during the weekend ,it goes to 26k during the next week.
another scenario: if the price goes down and break 22000 , then there is a high chance to see 19k again which is now a very strong support .
tell me what do you thing about BTC price next move?
Note
clearly drawn the local support and resistance 17 days ago till this update.so i just want to update my analysis to tell my opinion about the next BTC move
as always its not a financial advice.
i closed my long as i said on 24400 and i was waiting to go short if the bitcoin goes below support area (blue) and give confirmation .
the blue area supported the price very well , so i expect to see some upward move from now to next 2 weeks.
entry price : 23650 and lower and will add on every dip till 22300.
stop loss: 21900
Target : 25500 -26000-27000-28000
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