❌Bitcoin failed to break the 🔴Resistance zone($65,700-$67,520)🔴.
📈From the point of view of Classical Technical Analysis, the Failing Wedge pattern failed, and since if the reversal pattern fails, the pattern will have a continuing role, the Bitcoin fall is still expected.
🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡Potential Reversal Zone(PRZ)🟡again.
❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500, the bullish scenario can change, I will talk about the importance of this number in the next posts.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📈From the point of view of Classical Technical Analysis, the Failing Wedge pattern failed, and since if the reversal pattern fails, the pattern will have a continuing role, the Bitcoin fall is still expected.
🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡Potential Reversal Zone(PRZ)🟡again.
❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500, the bullish scenario can change, I will talk about the importance of this number in the next posts.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Giao dịch đang hoạt động
Ghi chú
I took my profit from this analysis and PRZ worked well for short position, as long as Bitcoin doesn't break above the resistance zone, there is still possibility of fall.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
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🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.