Btc action 4 different possible paths!!

15 בינו׳ 2021

Hello traders!!!
Btc is going strong for a while now and seems like wants to go higher at this point. We recently corrected towards 32k usd range . This corresponds to exact bounce on EMA20 line. At that point I knew this rally was not over. Now it is time to retest 42k. If we can break it 44k then after 50K will be on the table. I think 50K should be the top top for now but if we actually get there of course we will retest the top again. At some point soon Btc Must go sideways and allow alts coins to catch up while narrowing the Bollinger bands .
This is very important for Btc's growth otherwise we will go back down to 22k range and cry out loud. I have given 4 possible outcomes of this rally which indicated in different colors in term of lines. I will update this chart as we move along.. Please comment below...

Good luck For now!

22 בינו׳ 2021

העסקה בוטלה באופן ידני

I sense great danger in Btc. Unless we are back over 34k range by the end of today's daily candle , DANGER grows bigger. On a short time frames we are way below Ema 100line and on a daily chart ema100 line sits around 24k range. I see no reason to take risk here.. Since we did not have strong bounce from 29-30 level , at least double bottom needs to be attempted before we can safely move any higher.
I always say: It is better to not make money rather than losing your own capital.. Now I will wait for second bottom attempt if it hold I will go back in... Hopeful it does hold otherwise correction to bloody 24-25k ..

27 בינו׳ 2021

הערה

Bullish pattern being formed as we speak. Btc has been trying to go under 30k level however buyers instantly kicks in. Whatever it happens price trying to go back above 32k. As long as we can keep it over 30k range 35k could happen any moment by now! Unlikely scenario but if we go under and stay there 28k should be pivotal point.