BTC on Crossroad -UPDATE
Bitcoin broke the important zone on the Pitchfork, so adjustment was needed for more Support-Sesistance(S-R) zones .
Chart got more noisy, but trust me ,it's worth it.
The Bigger Pitch fork which is the downtrend from 65K, pitchfork that crossroads are also pivotal points for high push in market movement, wether upside or downside.
The broken level on the white trendline will act now as resistance if price continues higher from here.
Expect a bounce as a swing trade, as for now on the 4HR candlestick Bitcoin is testing waters of the market being kinda stable so far on this candle, use steploss in case. Im waiting for ocnfirmation not going on any trade for now.
In case Bitcoin breaks the key level violet rectangle in which is on when this idea is published, I expect more downside if Bitcoin fails to hold 30-32K.
Stay SHARP and don't hurry on trades for a small percentage number.
BUY in the right time-frame and HODL = Crypto making you Money without over stressing on wild movements on short term.
THIS IS NOT FINANCIAL ADVICE!
Do not partake on any trade based upon this idea.
A 'no-no' if leveraged one
Do your own research and follow your logic before emotions after coming on conclusions.
TRADE SAFE <3
Check out the previous linked ideas published
Appreciated if you hit the like button to show support.
If any of you got on any profitable trades based upon previous ideas, congrats on pivotal points published trades with huge gains without even using leverage .
TRADE SAFE
Chart got more noisy, but trust me ,it's worth it.
The Bigger Pitch fork which is the downtrend from 65K, pitchfork that crossroads are also pivotal points for high push in market movement, wether upside or downside.
The broken level on the white trendline will act now as resistance if price continues higher from here.
Expect a bounce as a swing trade, as for now on the 4HR candlestick Bitcoin is testing waters of the market being kinda stable so far on this candle, use steploss in case. Im waiting for ocnfirmation not going on any trade for now.
In case Bitcoin breaks the key level violet rectangle in which is on when this idea is published, I expect more downside if Bitcoin fails to hold 30-32K.
Stay SHARP and don't hurry on trades for a small percentage number.
BUY in the right time-frame and HODL = Crypto making you Money without over stressing on wild movements on short term.
THIS IS NOT FINANCIAL ADVICE!
Do not partake on any trade based upon this idea.
A 'no-no' if leveraged one
Do your own research and follow your logic before emotions after coming on conclusions.
TRADE SAFE <3
Check out the previous linked ideas published
Appreciated if you hit the like button to show support.
If any of you got on any profitable trades based upon previous ideas, congrats on pivotal points published trades with huge gains without even using leverage .
TRADE SAFE
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.