Bitcoin View in Mid-term Possibilities.

Hello guys,

BTC remain in downtrend channel formation.

Potential Level to watch for:

In Resistance perspective:
7800
8680
9340
Important Support Level:
6675
6500
6270
5950
5450

Out of the support level we have strong potential reversal zone to be within 6250$ and 6650$ with a possible wave leg missing.

The post will be giving timely update as market develop.
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

עסקה פעילה:

This is the current market view, as price holding within a triangle. This can break to either of the sides.

עסקה פעילה:

Bitcoin is looking a bit stable with much more potential fo upside move towards 8k zone. This will be possible only if our immediate support zone hold.

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עסקה סגורה: היעד הושג:

Price crushed immediate resistance zone and aiming for big target

עסקה סגורה: היעד הושג