Long view on BTC- 4H chart

3 thg 6, 2021

Hi, let's take a look at the possible future movement of BTC. At the moment, I see that the BTC has set in motion and is heading to test the strong resistance at 42 K. I reckon it will test the channel that came out of the triangl. After reaching 42 K and the top of the channel, we fall to the bottom of the channel 38 K, where we would gain strength for another burn of resistance 42 K. Then there is nothing in the way to go to 50 K, where a vertical resistance awaits us, which reduces the price from 65 K. we will not be able to pass 50 K. A descending channel marked in yellow may form. Which can take us back to the value of 30K, if we don't wait, we will slowly get to the value of 20K. I hope you like my analysis. If so, add me, have questions and like.

Jacob.

3 thg 6, 2021

Ghi chú

In - zoom

3 thg 6, 2021

Ghi chú

We have to out of triangl. We are fighting right now. We dont have to make H&S. because we have only 2 time chance to bounce.

3 thg 6, 2021

Ghi chú

Nice, we are out of triangl go to 42 K.