As I expected in yesterday’s idea, Bitcoin(
BTCUSDT) continued its downward move with the help of the Adam & Adam double top pattern and reached its target(Target Done).
Currently, Bitcoin is moving near the Cumulative Short Liquidation Leverage($78,540-$77,780), and the resistance zone($77,480-$76,740).
I expect Bitcoin to drop to at least the Cumulative Long Liquidation Leverage($75,710-$74,950) with the help of the Bearish Bat Harmonic Pattern after the lower line of the ascending channel is broken.
Target: Cumulative Long Liquidation Leverage($75,710-$74,950)
Stop Loss: $77,950
CME gap: $84,560-$79,660
CME gap: $69,535-$70,055
CME gap: $67,570-$67,170
What is your opinion on the short-term trend of Bitcoin?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
BTCUSDT) continued its downward move with the help of the Adam & Adam double top pattern and reached its target(Target Done).Currently, Bitcoin is moving near the Cumulative Short Liquidation Leverage($78,540-$77,780), and the resistance zone($77,480-$76,740).
I expect Bitcoin to drop to at least the Cumulative Long Liquidation Leverage($75,710-$74,950) with the help of the Bearish Bat Harmonic Pattern after the lower line of the ascending channel is broken.
Target: Cumulative Long Liquidation Leverage($75,710-$74,950)
Stop Loss: $77,950
CME gap: $84,560-$79,660
CME gap: $69,535-$70,055
CME gap: $67,570-$67,170
What is your opinion on the short-term trend of Bitcoin?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Trade fechado: stop atingido
Bitcoin was also affected by the SPX500 index pump.The Stop Loss(SL= $77,950) was touched
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Publicações relacionadas
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.
🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Publicações relacionadas
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.