Hello friends
Bitcoin has made a correction in this 4-hour timeframe after its rise and is now in a range. Considering the waves formed, it is expected to move upwards and form wave D if the important resistance is broken by the buyers.
The price may remain in this range for a while, so be patient.
Now, for a safe entry, we can let the resistance or support be broken validly and then enter.
The specified price range can be our target and it makes sense to take profit in that area.
Bitcoin has made a correction in this 4-hour timeframe after its rise and is now in a range. Considering the waves formed, it is expected to move upwards and form wave D if the important resistance is broken by the buyers.
The price may remain in this range for a while, so be patient.
Now, for a safe entry, we can let the resistance or support be broken validly and then enter.
The specified price range can be our target and it makes sense to take profit in that area.
Anmerkung
Well, comrades, you see that the price has reached our specified support and now we need to see how the buyers react. If they fail to support the price, the price can fall to $108,500. I must also say that for the rise to be valid, it must be broken through the specified resistance.Anmerkung
So, we saw that the identified support pushed the price up well and we witnessed good growth. Now we need to see whether this price growth has the ability to break the identified resistance or not.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.