Bear Dominance !! Back To 40k
Weekly Time-frame
Happened according to what i predicted.
Weekly time-frame now checking the demand zone $42,433 the breakout area of double bottom. From here if we have a strong demand zone we can pump from here and continue the up-trend.
1D Time-frame
Daily time-frame is now printing green candle with long wick showing the strength of the demand zone at $43,100 to $41,900. We are having a Base Rally low volume then entry which is still Bullish.
We are currently in the last 3 strands of the EMA Ribbon.
4H Time-frame
We are now below the 144 EMA and 233 EMA and the next support we can find is the 200 MA. The Demand zone seems strong enough as we can see a long wick after touching the zone. $42,500 is the breakout area of the double bottom, a retest to this then continue to the upside is possible.
1H Time-frame
In 1h TF this is already the bottom. RSI is also oversold, AO is also Reversal trend.
How to trade
BTC long position
entry within $43,138 to $42,500
Leverage 25x
SL $41,834
TP 1 $43,758
TP 2 $44,413
TP 3 $44,942
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Happened according to what i predicted.
Weekly time-frame now checking the demand zone $42,433 the breakout area of double bottom. From here if we have a strong demand zone we can pump from here and continue the up-trend.
1D Time-frame
Daily time-frame is now printing green candle with long wick showing the strength of the demand zone at $43,100 to $41,900. We are having a Base Rally low volume then entry which is still Bullish.
We are currently in the last 3 strands of the EMA Ribbon.
4H Time-frame
We are now below the 144 EMA and 233 EMA and the next support we can find is the 200 MA. The Demand zone seems strong enough as we can see a long wick after touching the zone. $42,500 is the breakout area of the double bottom, a retest to this then continue to the upside is possible.
1H Time-frame
In 1h TF this is already the bottom. RSI is also oversold, AO is also Reversal trend.
How to trade
BTC long position
entry within $43,138 to $42,500
Leverage 25x
SL $41,834
TP 1 $43,758
TP 2 $44,413
TP 3 $44,942
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news
Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
Feeling lost about how to trade?
Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
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