Bitcoin is still moving in the 🔴resistance zone ($ 32,400-$ 28,120)🔴 also, several times, Bitcoin is attacking the Important Resistance line.
If you want to understand the importance of the important resistance line, look at the following post.👇
In addition, the Fibonacci cluster near the number of $ 30,000 is very compact.
Also, the growth of Bitcoin happens with the Regular Divergence(RD-) between the price and the RSI Indicator, and it is expected that the RSI will reach 70% in the daily time frame and fall again.👇
So, I expect Bitcoin to close to $ 30,000, which is also a round number, after a small correction and then move toward the resistance line. In general, I don't expect to break the heavy support zone with just one test on the daily time frame; at least a major pivot should be created on the heavy resistance zone, so Bitcoin needs to correct and attack the heavy resistance zone again.
We have to wait until Bitcoin fills the 🔵CME GAP($ 28,720-$ 28,265)🔵.🤔
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ghi chú
Bitcoin➡️Low volume📊 ➕ Heavy resistance zone🔴 ➕ Wave count🌊
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.