NOT a PRICE PREDICTION - Demand ZONES to go LONG: BTC/USD

٢٤ يناير ٢٠٢٢

Hello everyone!
This is my first idea and after almost 2 years of reading awesome posts and ideas from other awesome people, I have decided to give it a try and share the model that I had found to be very useful for me and the one I'm still working on to master. Supports, Resistances, Supply and Demand zones.

• I have marked 3 zones. One in green, the optimal Buying zone. The second one is in yellow ( Potential Buying Zone) and finally one in red (Caution).
  
• Red zone: This is the most important zone of all to avoid getting recked. Please keep an eye on your stop losses if you are going long from this zone. I don't believe we are just going to go up from this zone.
  
• Yellow zone: I believe this is where BTC will bounce and given the 3 red bounces that Bitcoin has made in the past. This implies high demand in this area. ( I will buy here if confirmation is clear)
  
• Green area: If price action drops to or below the 20K, then this would be a great entry point.
  

Again, this is not a price prediction, but if you are new to Cryptos, these are some good regions to keep in mind for the near future. Even if Bitcoin drops at 20K or below, at least and hope you don't freak out too much about it and start listening to the news suggesting that BTC is dead :)



Please leave your messages and comments here on what do you think about these points I mentioned above.