Bitcoin may soon face a bearish reversal led by the bears.
Despite the current market sentiment appearing bullish, this optimism could be misleading. Market makers seem to be engineering a bullish atmosphere, but the underlying structure suggests otherwise.
From a technical perspective, the price action is forming either a triangle or a diamagnetic (complex corrective) pattern. Regardless of which scenario plays out, both structures imply that one final downward wave is likely to follow before any meaningful continuation.
We have identified two key entry zones, where positions can be built using a DCA (Dollar-Cost Averaging) strategy to manage risk more effectively.
All target levels are clearly marked on the chart. Once price reaches the first target, it is recommended to move your stop to breakeven in order to secure the position.
Keep in mind:
A confirmed touch of the stop loss level will invalidate this entire setup.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think BITCOIN is bearish?
Despite the current market sentiment appearing bullish, this optimism could be misleading. Market makers seem to be engineering a bullish atmosphere, but the underlying structure suggests otherwise.
From a technical perspective, the price action is forming either a triangle or a diamagnetic (complex corrective) pattern. Regardless of which scenario plays out, both structures imply that one final downward wave is likely to follow before any meaningful continuation.
We have identified two key entry zones, where positions can be built using a DCA (Dollar-Cost Averaging) strategy to manage risk more effectively.
All target levels are clearly marked on the chart. Once price reaches the first target, it is recommended to move your stop to breakeven in order to secure the position.
Keep in mind:
A confirmed touch of the stop loss level will invalidate this entire setup.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think BITCOIN is bearish?
Zlecenie aktywne
This BITCOIN setup is still valid Just make sure to manage your risk secure some profit and move to breakeven at the first target.
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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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.