BTCUSDTBTCUSDTPERPBTCUSDBTCUSDBYBIT:BTCUSDBTCUSDBTCUSDXBTUSD Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Are you'll ready for a BTC's analysis tour? Follow me in 3 Charts...
In 15Minutes Time-Frame, BTC has formed a bullish cup&handle and the neckline has been located on $19500 - $19600.
- So if we get the closings above $19600, Then the breakout will be confirmed and bias could change into bullish, In terms of that; The market can climb to $19925.
- Otherwise, If we get the rejection below the marked blue zone, Then It's very possible for us to locate our Short towards $18800, Once it gets the hold below $19300.
In the bigger picture, We have another two possible scenarios, In continuation of our last scenarios!
- As you can see, BTC has broken below the last week's low and it's total bearish in the first view, But there'll be always a possible deviation on every break. So, If we get the closings above $20000, Then we can confirm the deviation and our second Long towards $22000 will be triggered...
- Also, The bearish phase is still on, So if we get the closings below $18700, Then we can lay on our Shorts again and hold them till $16800.
In our biggest picture today, We can see that the last two analyzes have a continuation relation together and this chart has the last relation with all of the two before!
- Currently, BTC is moving in a bearish pennant, and in terms of a break below, It'll fall again as much as the pole has marked. So, If we get the closings below $18600 or better to say $17600, Then we can confirm our possible dive to $15400.
- But also, There can be a pullback scenario as BTC's still moving into the pennant. So, If we get the closings above $23400, Then we can locate our Longs till $28550.
Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.