Hello guys.
Hope you all have good time.
Today im going to share you my opinion about BTC in 4H timeframe.
As you can see in my chart the price consolidate around a strong longterm Trendline
for about 10 days and wait for FED decision about Rate hikes and Inflation Data.
I think the economic information are stable for now and Price action do the best thing!
So when the price try to break this trendline , Sellers come in strongly and
move price down till 27000 level.
In my view price cant break this line and 29000 level for this time and
the price will down to 24000 level and after a rest there , it again start to increase
in hope of reaching 30000 level.
Its a good time for BLSH(Buy Low Sell High) until the price break the triangle and move in a direction.
I hope you enjoy my view.
PLEASE dont forget to set an appropriate StopLoss and manage your Risk , Because
Nobody Knows about 1 second later and these views are all possibilities.
In another word ,We Trade Possibilities Not Realities.
Share me your opinion and TEACH me something new.
Love you all
Hope you all have good time.
Today im going to share you my opinion about BTC in 4H timeframe.
As you can see in my chart the price consolidate around a strong longterm Trendline
for about 10 days and wait for FED decision about Rate hikes and Inflation Data.
I think the economic information are stable for now and Price action do the best thing!
So when the price try to break this trendline , Sellers come in strongly and
move price down till 27000 level.
In my view price cant break this line and 29000 level for this time and
the price will down to 24000 level and after a rest there , it again start to increase
in hope of reaching 30000 level.
Its a good time for BLSH(Buy Low Sell High) until the price break the triangle and move in a direction.
I hope you enjoy my view.
PLEASE dont forget to set an appropriate StopLoss and manage your Risk , Because
Nobody Knows about 1 second later and these views are all possibilities.
In another word ,We Trade Possibilities Not Realities.
Share me your opinion and TEACH me something new.
Love you all