btcusd daily pattern
Updated
As it seems that the btcusd chart is where you do not say where it will go. If you look in the past you will see that whenever it reached to this point the bearish market dominated so let's hope it happens again but you never know what will happen because it is btc.
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The Donald trump tweet is treating btc very badly and I think that is the reason the market is down. 9400-9600 is a critical stage for btc as in may 2018 at this price of btc the market started bearishly and went down and with the current news i think it will be bearish unless some big whales started to trade big.
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i think 10344 can be reach in the next 24 hour.
this graph is just for education purpose.
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i think once it break the support at 9800 then it will hit the target that i mentioned but a single negative news is enough for btc to start trending toward bearish trend again
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well, i have added a comment in it and look for dashed line if it crossed then 11k is waiting for btc.
This is just for learning the purpose, so invest of your own risk.
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my target value is in between 11300 to 11400 and it will reach that point but since 10839 is a good resistance point so it will take sometime before it reaches the target.
This is just for learning the purpose, so invest of your own risk.
Trade closed: target reached
as you can see my target is reached so i am closing this section.
and now we are in a window where mostly btc price pumped and dumped in large scale.
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