As you can see this pair is in a strong support zone which has the power to make the price bounce up.
Look how close we are to the key level. These scenarios are suitable to take a position with.
If the bearish scenario mirrors in the chart there is a good opportunity to buy the pair with suitable risk/reward
In the bullish scenario we should see how the price will act to the key level.
Based on Bitcoin analysis I think bullish scenarios have more possibility. We should consider the respond of price when in reaches the key level.
This trigger point is based on fundamental analysis which is the report of the Bitcoin's decrease duo to Plus Token rubbery.
The price went on as we predicted after it broke the key level there are two probable scenarios which are shown. The previous prediction is mentioned below.
We are approaching a key level. These two scenarios are possible to happen.
Bullish scenarios are more probable than bearish ones in the moment.
After the hard fell of Bitcoin there might be retraces so I suggest you entering in this pair in the shown price.
So what is happening in these days? why the bears are so strong with this sharp price declining? why the whales are putting out their assets? There is not a certain answer for these questions but with no doubt the price will decrease when there are enough people to sell their assets to whales that is the potential for whales to enter the market and move the...
There are strong support lanes over here. if the price bounce back we i recommend you trailing.
Although we haven't reached any Stop losses yet but our goal is not to gain profit in all of our positions , it is to make profit by the probable predictions based on the scenarios. Look at here : Bitcoin did not fell in these days but TROYUSDT did and there is something more about this. See the x cluster there must be a lot of stop losses below this , isn't it?...
So what would we do when there is a combination of a support trend line with a support cluster?
Drive fast trade safe There is a resistance zone near the return icon I have drawn the technical issues.
Based on this scenario we can expect investing in the Altcoins is wiser rather than Bitcoin. So as we began we try to predict the Bitcoin price and put some orders in Altcoins based on our predictions.