This analysis is related to the previous analysis. In fact, for a better understanding of this analysis, it is useful to read the previous analysis. In this analysis, we have used moving averages and the Ichimoku cloud
Ma50:white Ma100:blue
As you can see, we are seeing a bearish cross between the moving averages .If this failure is confirmed, we expect the price to drop to 25 By examining ichimoku, we can also understand that the price is likely to start a downward trend, although this will be a partial correction compared to the medium-term trend.
The bass line can also create a static resistance in the known area In general, my view is that the price will be corrected up to 24-25 areas, and if it stabilizes above these areas, we can expect price growth up to 31-33. In connection with this analysis, it is possible to enter into a sale transaction by placing a loss limit of 28,800 and take profit in the area of 25,500 to 24,500.
Please read the previous analysis related to the state of Bitcoin for complete knowledge
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By setting the loss limit at 29,000, you can enter into short. tp1:27000 tp2:26500 tp3:26000 tp4:25500 tp5:25000
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