In these few days, Bitcoin managed to move from its 🟢heavy support zone($ 26,400-$ 25,800)🟢 to the top of the descending channel and the 🔴resistance zone ($ 28,000-$ 27,660)🔴.
In this increase in Bitcoin, we can see the Regular Divergence(RD-) between volume and price, as well as the Hidden Divergence(HD-) between price and oscillator.
I expect Bitcoin to decline again from the top of the descending channel and 🟡Price Reversal Zone(PRZ)🟡; this decline can follow the Fibonacci levels.
Bitcoin Analyze ( BTCUSDT ), 4-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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
In this increase in Bitcoin, we can see the Regular Divergence(RD-) between volume and price, as well as the Hidden Divergence(HD-) between price and oscillator.
I expect Bitcoin to decline again from the top of the descending channel and 🟡Price Reversal Zone(PRZ)🟡; this decline can follow the Fibonacci levels.
Bitcoin Analyze ( BTCUSDT ), 4-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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Note
✅Running well✅Note
Bitcoin will touch heavy support zone.Trade closed: target reached
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.