Bitcoin - a possible takeaway before the next fall
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Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D.
The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from this breakout, we will see a reaction a little higher than $29,500.
At the moment, I don’t see a scenario to go above $30,000-30,200 (600-800 pips) Bitcoin is still under strong pressure from the buyer and there is a presence that they can even start dumping without a rebound, so be careful if you take long margin positions with high leverage.
I think I'll be in position soon, watch the market for a while... But it will be nothing more than a scalp.
Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D.
The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from this breakout, we will see a reaction a little higher than $29,500.
At the moment, I don’t see a scenario to go above $30,000-30,200 (600-800 pips) Bitcoin is still under strong pressure from the buyer and there is a presence that they can even start dumping without a rebound, so be careful if you take long margin positions with high leverage.
I think I'll be in position soon, watch the market for a while... But it will be nothing more than a scalp.
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