Hi, we saw a great bullðŪ rally after the price was able to broke an important resistance line. what will happen next?
Bitcoin Analyze ( BTCUSDT ) Timeframe Dailyâ°
I tried to use some Fib tools for finding the next movement and resistance and support zones on this post. I think that Bitcoin dump again. maybe you are asking why ?! I can see some Signs of Reversal. let's check these Signs.
ðSign 1: if you pay attention to lines of Fib Speed Resistance Arcs, you can see, when the price touched lines for the first time on a rally, the price has started to reversing from them (ðĶBlue RectanglesðĶ).
now price is close to one of these linesâ
ðSign 2ð: Point D of Bearish Gartley Harmonic Pattern will appear around 57260$ & TRZ â
ðSign 3ð: seems, Bitcoin is running in Ascending Channel from 28800$ until now. Now Bitcoin is near the upper line of our Ascending Channel and resistance lines and Fib channel's line (Fib 100%) == probably Bitcoin will react to these lines â
ðSign 4ð: we have Divergence (RD-) between Price and MACD until Nowâ ð
ðSign 5ð: on-chain date: Global open interest is 10.98 billion USD (a little dangerous), probably exchanges will get up and dump ð§
Resistance zones & Suppot Zones on Bitcoin's way :
Resistance Zone: 57280$ until 56700$
Support Zone 1: 47100$ until 45450$
Support Zone 2: 41340$ until 40530$
My Suggestion: you can follow my Fib tools lines. probably these lines will work and help usðð.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe Dailyâ°
I tried to use some Fib tools for finding the next movement and resistance and support zones on this post. I think that Bitcoin dump again. maybe you are asking why ?! I can see some Signs of Reversal. let's check these Signs.
ðSign 1: if you pay attention to lines of Fib Speed Resistance Arcs, you can see, when the price touched lines for the first time on a rally, the price has started to reversing from them (ðĶBlue RectanglesðĶ).
now price is close to one of these linesâ
ðSign 2ð: Point D of Bearish Gartley Harmonic Pattern will appear around 57260$ & TRZ â
ðSign 3ð: seems, Bitcoin is running in Ascending Channel from 28800$ until now. Now Bitcoin is near the upper line of our Ascending Channel and resistance lines and Fib channel's line (Fib 100%) == probably Bitcoin will react to these lines â
ðSign 4ð: we have Divergence (RD-) between Price and MACD until Nowâ ð
ðSign 5ð: on-chain date: Global open interest is 10.98 billion USD (a little dangerous), probably exchanges will get up and dump ð§
Resistance zones & Suppot Zones on Bitcoin's way :
Resistance Zone: 57280$ until 56700$
Support Zone 1: 47100$ until 45450$
Support Zone 2: 41340$ until 40530$
My Suggestion: you can follow my Fib tools lines. probably these lines will work and help usðð.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends, Thanks, and Trade safe
āļāļąāļāļāļķāļ
Just a scenario âïļ
Timeframe Dailyâ°
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ð Free Real VIP Forex and Crypto Signals. Please visit:
ð t.me/ProTrader_365
ð t.me/ProTrader_365
āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāđāļ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ