We have a good call run FROM 9k level up to 12k levels from my last analysis. unfortunately sell pressure is very strong at 12000 Level.
This New Post is Experimental because of the current level its too early to call this. but i am a long time bullish for bitcoin.
If this current level HOLDS (9.8-10k) 1D close, we may see a possible reveral soon. based on the Past Fractals, there is a similarity in RSI, MACD, PRICE ACTION.
This time i am gonna mark this post as a LONG and there will be no other scenario than going up. Because if we dont hold the 10k and hit the CME GAP too earlier, BEARS can make this opportunity to BRING/COMPLETE the LARGE DOUBLE TOP you can see in 1W,1M Candles, Example Scenario:
This time we need to be positive, this is the time the BULLS Should be strong in mentality and positivity!
We may possible to catch a falling knife until 9.6k or 9.5k or even 9k!, but Bulls or Buyers must be stronger after this Scenario Hits. Example Scenario:
Even if we succefully catch a Long wick @ below 9.7k Levels, 10.5k Level is the first Resistance we should broke.
BUY/LONG ZONE: Anything below 9.5k-9.9k WISEMAN BUY ZONE: if we broke 10.5k @ 1D candle or 1W candle
HERE IS A POSSIBLE RESISTANCE: 10.4k 11k 11.4k 11.8k 12k 12.5k
Goodluck everyone!
Bulldragon is OFF until this analysis is invalidated or completed.
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