The drawn trendline and $40K support are The last opportunities for BTC. If both get missed, It'll be too easy to get to $30K and we may enter a long-term bearish market. These are 2 possible scenarios. Currently, we can just be spectators.
Honestly, this pattern makes me frightened. Will it happen or not?
Good signs on chart. Pretty interesting.... HISTORY REPEATS ITSELF.
#BTC long-term possible scenarios. I bought the dip. Remember, corrections are opportunities for entry, not exit. Anyway, In my opinion, these prices will be like a dream in 2022. I don't know why people panic when it drops. Imagine it's a discount. Do you get disappointed when a shop offers you a discount? Would you not like to buy deeper to sell higher?
Great! Road to $54K. I'll buy all my cash there. DO NOT panic sell. Just sit back and watch it out. Soon, we'll go to moooon.
As I said in the previous analysis, I still believe BTC has to get to $54k and then. Booooom.
Like clock works. Don't get FOMO until it's still in the channel.
BTC is still unable to run away from this channel. Still expect lower prices.
As you see, due to China and Biden FUDs, we've just left the upward trend and entered a downtrend. If we continue this damn trend, 54K is not far away, at all.
The possible movement of the price. I've taken a long. What about you?
It'll be probably a good position for long. Moving Average 200 and the trendline.
I'll take long as soon as a green 15-minute candel is formed
Hi, Traders. EURUSD is now at the support level. I predict it goes up and hit the trendline. Then, the trend will continue. Also, there's a crossover at macd upward and it's a strong confirmation. Although, it's risky and you may rather take a short when touching the trandline. Comment your ideas, Traders and if you think it was helpful, I'll appreciate you if you like it.
Now, there are to possible scenarios. It may break the trendline. In this case, I'll wait for pullback and then I'll take long and my target is the upper trendline. On the other hand, this trendline can work as a strong resistance and we still see down trend. If this is true, I'll take a short when the price reacts to the trendline clearly. Comment your ideas,...
If you would follow my last idea about gold, you would find out that I had predicted that Gold will break the triangle downward. It happened and now the most trusted price I'll take a buy position is 1775.