מעודכן

Is Bitcoin still bearish? (1D)

In response to the question of whether Bitcoin is still bearish | the answer is yes.

After the drop, Bitcoin has reached a strong support zone, where it’s currently reacting and consuming lower supports. A rejection from the red zone is expected.

However, keep in mind that due to the high volume of short positions, the red zone might even experience a fakeout before the drop continues.

A daily candle closing above the invalidation level would invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

עסקה פעילה

It has reached the target zone, so it’s better to take profits.

This doesn’t mean you should enter a short position without confirmation.
The market maker might create movements in this area to collect liquidity,

so make sure to get confirmation before taking short positions.

עסקה סגורה: היעד הושג

Both the first and second targets were hit, with more than a 21% drop from the identified supply

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כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.

behdark

✅ 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