Hello to all traders. ๐๐
I hope all your deals will hit their targets. ๐๐
Bitcoin has shown weakness in the lower time frame. If you have seen the previous analysis in the 4H time frame, you will realize that this range of $45,000 to $46,000 is very powerful. Bitcoin will probably start a heavy fall from this range. A few candles can be placed here in the next 15 minutes and then the price will move down. This is a position with R/R=2. You can open a short position on Bitcoin from this range of $45,000 to $45,400 and the first target is $43,800 and then $42,500.
Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss๐๐๐
โค๏ธโค๏ธโค๏ธThe only friend you have in financial markets is your stop lossโค๏ธโค๏ธโค๏ธ
Please support me with your โ ' like'โ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ๐๐
Be Happy , Ali Jamali
I hope all your deals will hit their targets. ๐๐
Bitcoin has shown weakness in the lower time frame. If you have seen the previous analysis in the 4H time frame, you will realize that this range of $45,000 to $46,000 is very powerful. Bitcoin will probably start a heavy fall from this range. A few candles can be placed here in the next 15 minutes and then the price will move down. This is a position with R/R=2. You can open a short position on Bitcoin from this range of $45,000 to $45,400 and the first target is $43,800 and then $42,500.
Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss๐๐๐
โค๏ธโค๏ธโค๏ธThe only friend you have in financial markets is your stop lossโค๏ธโค๏ธโค๏ธ
Please support me with your โ ' like'โ and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ๐๐
Be Happy , Ali Jamali
ืขืกืงื ืคืขืืื
ืขืกืงื ืกืืืจื: ืืืืข ืืกืืืค:
Bitcoin moved up with a relatively good move during the Chinese holiday and hit our stop position. Currently, if Bitcoin can break above $48,700, it can go up to $51,000. Otherwise, the price can fall heavily
