Now about what I expecte.
Until binance is working, I can’t tell you for sure that this is a hoax.
But,
My personal opinion is that it was a correction before a big price increase.
To create a picture - impulse, correction, impulse x2
Because already on this fall, we have formed a bullish hammer, which indicates a price reversal to such values as 23000-24000.
And I will not be upset , if the price goes over these values.
But since I have nothing to start from, I will describe everything to you like this -
If we close above 22600-22800 today, this is
2nd (strong market maker level)
Then we will definitely fly to the moon, if this does not happen, and the price is below 22400-22000 - then we will have a continuation of the correction to 15000 for one bitcoin.
But since the news that the Fed is launching a printing press for additional help. I think it was a trap for everyone who stopped believing in bitcoin.
If I see a price above 22800, it is definitely a large long before the update of 27-29-31-33 thousand for one bitcoin.
Be prepared for this, and do not be surprised if we see these values on the new year!
At 6H TF, we have a bullish hammer, a price reversal, support at 21800 and a large, merged volume, where many fled from falling.
If we are above the level of 23300, it is definitely long, before the update of the peaks 24000-24500-25000-25500
If the price is trading lower, the 22800 marks are short, before the update 22000-21600-21000-20500
Although I do not see the chart, I will repeat once again - I think it was only a corrective price movement.
Until binance is working, I can’t tell you for sure that this is a hoax.
But,
My personal opinion is that it was a correction before a big price increase.
To create a picture - impulse, correction, impulse x2
Because already on this fall, we have formed a bullish hammer, which indicates a price reversal to such values as 23000-24000.
And I will not be upset , if the price goes over these values.
But since I have nothing to start from, I will describe everything to you like this -
If we close above 22600-22800 today, this is
2nd (strong market maker level)
Then we will definitely fly to the moon, if this does not happen, and the price is below 22400-22000 - then we will have a continuation of the correction to 15000 for one bitcoin.
But since the news that the Fed is launching a printing press for additional help. I think it was a trap for everyone who stopped believing in bitcoin.
If I see a price above 22800, it is definitely a large long before the update of 27-29-31-33 thousand for one bitcoin.
Be prepared for this, and do not be surprised if we see these values on the new year!
At 6H TF, we have a bullish hammer, a price reversal, support at 21800 and a large, merged volume, where many fled from falling.
If we are above the level of 23300, it is definitely long, before the update of the peaks 24000-24500-25000-25500
If the price is trading lower, the 22800 marks are short, before the update 22000-21600-21000-20500
Although I do not see the chart, I will repeat once again - I think it was only a corrective price movement.
Note
Bitcoin at 25,000 - 27,000? What's next and where is correction?
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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.
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.