BTC is at support, will it bounce back or it will goes down ?
Hi, if you followed my previous analysis on btc where I draw a scenrio what next for BTC, you can see it hits all my targets I pointed out , btc following all the scenarios I draw till date you can check that all my previous idea that pretty crazy. if you traded according to that then enjoy your profits have a cup of coffe from that you deserve that
Here you can see btc is at strong support btc unable to break that, btc hit that support 4,5 times but unable to break that Thank to volume that came in at that point which is holding BTC at that point PRevious there was support around 48500 now it is acting as a resistance from same point btc rejected serveral time it it is unable to breakabove you can open short here with tight stoploss around 48650 and open short at 48500-48400 and target to acheive first 47600 and then 46500 and if it break above you can open long from here and wait to hit targets at 49500 but for now what i think we will hit 46500.. then from there we can judge buyers response and direction of btc
what your thoughts about that share your ideas comment below if you are agree with me or wanted me to share my analysis on some other coins
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