BTCUSDT, This is pullback or Not ???
Hello everybody
We backed we another analysis of Bitcoin
According to the chart you can see the price was in pattern of channel, and expect the price should drop more to reach to the bottom of channel but that analysis failed and the price break the trendline trading that shown us power of the market.
At this time i want to tell you the scenario of the market that is important to us because of the sensitive of market is very high and we should have scenario to take decision to what to do.
The breakwave of trendline was made and we are in pullback to it and until the key point level is not break below and consolidation at there the trend of movement is upward and we can go up to reach to the trendline resistance that we shown on chart, but if the market cant consolidation above of the key point level and hold this level the price should drop until to reach to the bottom of that channel that we shown on previous analysis.
These 2-3 candles its most important that can make way to the market
Previous analysis :
Good Luck
Abtin
We backed we another analysis of Bitcoin
According to the chart you can see the price was in pattern of channel, and expect the price should drop more to reach to the bottom of channel but that analysis failed and the price break the trendline trading that shown us power of the market.
At this time i want to tell you the scenario of the market that is important to us because of the sensitive of market is very high and we should have scenario to take decision to what to do.
The breakwave of trendline was made and we are in pullback to it and until the key point level is not break below and consolidation at there the trend of movement is upward and we can go up to reach to the trendline resistance that we shown on chart, but if the market cant consolidation above of the key point level and hold this level the price should drop until to reach to the bottom of that channel that we shown on previous analysis.
These 2-3 candles its most important that can make way to the market
Previous analysis :
Good Luck
Abtin
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