The line I coded myself clearly shows me the failure of the support and I expect a drop.
The floor of Bitcoin is not in this range, because according to the indicator I set, I am sure that the floor of Bitcoin is between 4 and 7 thousand dollars.
According to the S & R line, I understand that the formed base is turning into FTR and also the pink oval strongly proves to me that the formed base is not the bottom of the candlestick trend and we should consider the bottom of the trend as the base of the pink oval.
This rise was only broken by pullback to support and will continue to fall to the range of 8-10 thousand dollars.
A bad fall is waiting for the market, I hope you have the right strategy going forward…
The technical structure tells me that a drop should happen, and also if we compare the fundamental issues, the drop is very reasonable.
According to the resistances that have arisen and according to the bottom of the main channel, the range of 0.000003 can be the end range of correction.
Regardless of the positive fluctuations, I imagine the range of $0.13 to end the correction
Probably the floor will break and the fall will continue I predict a drop to the range of 8 thousand dollars
The fifth wave must be struck An important support zone has been broken and a pullback has taken place and is prone to collapse I hope you will be careful enough
All factors show growth I hope the range of 12 bitcoin will be touched
It is located in a triangle structure and I guess the triangle is continuous After rotating in the area of the triangle, fall to the range of ten to twelve
The probability of falling is higher, but after playing a little I suspect bitcoin will touch the 12,000 range in an explosive move
Teter dominance behavior is suspicious and On the other hand, it reached the roof of the double channel , I hope you follow Lee's profession
I am very hopeful in the area of 0.00000444 to 0.00000555 and Fibo 0.618 is also in this area.
Three scenarios for Bitcoin from the perspective of a trader from western Iran
In general, I analyzed and did not define cross-sectional fluctuations Many charts have a similar story
I have a range of $ 17,000 with a tolerance of $ 1,000 I believe in my own strategy that I created my indicator