Bitcoin
Short

btc/usdt 2h

Updated
Hello friends

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.

snapshot

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
BTCUSDcryptoSELLshortTrend AnalysisWave Analysis

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