pejman_zwin

Bitcoin Analyze (Fib Tools & ๐Ÿ›‘Signs๐Ÿ›‘)!!!

pejman_zwin ืžืขื•ื“ื›ืŸ   
BITSTAMP:BTCUSD   ื‘ื™ื˜ืงื•ื™ืŸ
Hi, we saw a great bull๐Ÿฎ rally after the price was able to broke an important resistance line. what will happen next?

Bitcoin Analyze ( BTCUSDT ) Timeframe Dailyโฐ

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.

๐Ÿ›‘Sign 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 (๐ŸŸฆBlue Rectangles๐ŸŸฆ).
now price is close to one of these linesโœ…

๐Ÿ›‘Sign 2๐Ÿ›‘: Point D of Bearish Gartley Harmonic Pattern will appear around 57260$ & TRZ โœ…

๐Ÿ›‘Sign 3๐Ÿ›‘: 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 โœ…

๐Ÿ›‘Sign 4๐Ÿ›‘: we have Divergence (RD-) between Price and MACD until Nowโœ… ๐Ÿ‘‡
๐Ÿ›‘Sign 5๐Ÿ›‘: on-chain date: Global open interest is 10.98 billion USD (a little dangerous), probably exchanges will get up and dump ๐Ÿง

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 us๐Ÿ‘๐Ÿ˜‰.

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 โœ…' like'โœ… button ๐Ÿ™๐Ÿ˜Š & Share it with your friends, Thanks, and Trade safe
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Just a scenario โ—๏ธ

Timeframe Dailyโฐ

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