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BTC continuation fall and targets (short term dumping)
Hello all!
This description will be short, my sentiment on BTC is bearish and I think if we can reach these targets it will pave way for our bullish moves everyone would like to see eventually.
We have failed to make a bullish break from our structure, I expect bearish moves to continue for the next week or two.
This could be a short squeeze opportunity, it is likely this will be a bull trap converted into a bear trap. (In other words, we will go up and quickly, only after we go down fast🆗😄)
I do not expect to see 24k, but have included it as a possibility.
( On chart above patterns were analyzed on a 4hr TF, moved to 6 hour they are slightly different keep this in mind )
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
This description will be short, my sentiment on BTC is bearish and I think if we can reach these targets it will pave way for our bullish moves everyone would like to see eventually.
We have failed to make a bullish break from our structure, I expect bearish moves to continue for the next week or two.
This could be a short squeeze opportunity, it is likely this will be a bull trap converted into a bear trap. (In other words, we will go up and quickly, only after we go down fast🆗😄)
I do not expect to see 24k, but have included it as a possibility.
( On chart above patterns were analyzed on a 4hr TF, moved to 6 hour they are slightly different keep this in mind )
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
Not
we have hit ~29k target and now if we do not come down for retest of that level I expect to see 34k soon.The B (online conference about BTC) is now taking place so this could be reason for bullish activity.
Thank you so much!!
Jazerbay
Not
Possible H & S on BTC, useable targets are Green lines here on chart, trade safely and maybe take some profit on the way down, short squeeze is highly possible 😄✌🖖Not
It is possible to keep going up from here (see above)
Thank you so much!
Jazerbay ☯
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.