Alalysis
My own vision for Bitcoin and my expectations I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected
My advice right now is to suspend purchase orders about the level of this area
- 45,500
- 40,000
- 39,500
- 39,000
- 38,500
- 38,300
The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61
In the end, this is my personal opinion, and it may be right or wrong.
I wish everyone the best of luck.
BITCOIN A NEW BIG MOVEMENT?In today's overview we will see the current levels.
Firstly, you should check out the volume, and it's falling down. The price is covered from both sides. And the candle analysis shows us an uncertainty on the market. So....what's next? The market is weak now. And the market maker, can easily give an impulse to both sides. . Triggers - hitting a level. In a shortcut: the nearest liquidity was picked up, next one is on ±3436.
If we will see a big volume - it will be good to consolidate above 3680.
And yeah, if you want to find an answer to your probably the popular question: "Where we will go?". You can't find it. True answer - to the right.
More ideas and useful information you can find on Twitter and Telegram (links in bio).