The most accurate analysis I was talking about 🤩🤩 (part 2)This idea is linked to my previous idea. first check that out and come to this for better understanding.
From this 4h chart i am able to understand that there’s plenty more room for trend-reversal.
i am not god i may be wrong but, the decrease in volume and this head and shoulder pattern if bitcoin takes correction then we can find it taking some support at 9200 followed by 8800.
if you’re able to understand this situation where volume decreases and prices remain in sideways or slightly higher in uptrend then this is the sign there may be a downtrend coming.
Observe the neck line for few days carefully, because we can not think only in one direction, we have to be ready if it crosses 10,450. if this happens then we can see BTC to newer high of 14500.
in the end i’ll say trade carefully, we can make sweet profit in both trends.
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thanks for your considerations.
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yes it’s headed towards 7450 resistance consider this idea as a buying signal. i don’t offer signals this confident. If you’re seeing this idea then congratulations you’re already in profit.
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