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Smartmoneyconcept

ACCUMILATION PHASE ENDINGThere is a large view that promises an ending accumulation into a possible expansion, the day chart shows that either the low preceded will be a swing or it will be taken, the only way is to be ready for an expansion, if it expands lower we will see with the high that created a mitigation being respected, i tmight still show bearish moves and not respect that high, but we will have to resort to the range for entering, tightest premium setups, high risk typa thing. Lemme see it for the ones tryna run with the bulls, i'll be back
by TheDemoTrader_SA
BITCOIN after the FOBO ! ( FAKEOUT BREAKOUT) BITCOIN, after the FAKEOUT BREAKOUT, has re-entered the bearish channel that we’ve been monitoring for several months. This was a false breakout, which left many of us hopeful for a bullish market, but it turned out to be the opposite! But no worries, we must wait. The important thing here is that, within the bear market we saw last week, the price bounced off a very important and key zone that we’ve been tracking for several months. This purple zone is what I call my inefficiency zone, which I also consider one of the strongest areas where Bitcoin has previously made strong impulses. The only thing we should consider here is that Bitcoin will likely try to break the channel again. We can’t do anything until the price is on the other side of the channel. It’s that simple! Don’t try to enter right now because the price could pull back. Always pay attention to the immediate structure being presented and WAIT! We already have confirmation that the price has bounced within our inefficiency zone. Now, we just wait for the breakout, so patience is key! That’s my advice for this week. Best regards, and thank you for supporting my analysis.
COINBASE:BTCUSDLong
by RocketMike111