BTC LONG OR SHORT ?
Hello friends . Basically, I do not leave much information or analysis about the market.
But here I consider it my duty to make an analysis.
It is better to be brave in analyzing.
If you are careful, most analysts and signal channels are silent. Do you know why?
Look at my chart (it could be yours too)
1. We are in a major downturn. (Larger channel)
2. In this descending channel, another descending channel can be seen, of course, with a steeper slope! (Smaller channel)
We know that most of the time, descending channels are broken from the ceiling and cause the price to rise!
Well the smaller descending channel is still hesitant! If the roof is broken, we can go to break the roof of the larger canal!
But if it wants to, the sales pressure will increase and the smaller channel will become invalid! We are going for a bigger descending canal floor!
That means we can see bitcoins, 38 k, and then 22 k, respectively. (Range)
So maybe now you understand why most top analysts are silent here?
Most are waiting for the wave market to start to ride the wave and then say we are professional analysts!
Note: Bad news comes in the resistance! Good news on sponsorships! This coordination is not accidental! :)
But here I consider it my duty to make an analysis.
It is better to be brave in analyzing.
If you are careful, most analysts and signal channels are silent. Do you know why?
Look at my chart (it could be yours too)
1. We are in a major downturn. (Larger channel)
2. In this descending channel, another descending channel can be seen, of course, with a steeper slope! (Smaller channel)
We know that most of the time, descending channels are broken from the ceiling and cause the price to rise!
Well the smaller descending channel is still hesitant! If the roof is broken, we can go to break the roof of the larger canal!
But if it wants to, the sales pressure will increase and the smaller channel will become invalid! We are going for a bigger descending canal floor!
That means we can see bitcoins, 38 k, and then 22 k, respectively. (Range)
So maybe now you understand why most top analysts are silent here?
Most are waiting for the wave market to start to ride the wave and then say we are professional analysts!
Note: Bad news comes in the resistance! Good news on sponsorships! This coordination is not accidental! :)
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