The Bitcoin correction started right from where we placed the red arrow on the chart, and it appears the pattern is either a diametric or a symmetrical formation.
From the red circle, we expect another correction and drop toward the green zone. Once the price reaches the green zone, we anticipate a bullish move. perhaps even stronger this time!
A daily candle closing below the invalidation level will invalidate this outlook.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
From the red circle, we expect another correction and drop toward the green zone. Once the price reaches the green zone, we anticipate a bullish move. perhaps even stronger this time!
A daily candle closing below the invalidation level will invalidate this outlook.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade ativo
You can see Bitcoin's and the market's reaction to the red circle marked in the previous analysis.Reduce the size of your long positions and be cautious until this drop plays out
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.