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38000

BTC / USDT - 38,000? Is it real now or is it a big correction?Hello dear friends. Is it possible now to see the price of 38,000 per bitcoin on such a market, or still wait for a big correction? Write your opinion in the comments. I have NEW preliminary CME targets for January 2021 have appeared on the market. They look like this: 🤑 Upper limit 38200 - 34400 🤑 Lower limit 26400 - 22600 What does it mean? So this means that with a high degree of probability, by the end of the month, the price will be in one or another range that I gave. - We have very large sales (bright red rectangle) price values: 33750 - 34450 - We have a strong resistance line - level 34150 - We have an ascending triangle + channel in which the price is traded. - We have another meaning - namely, margin trading - bitcoin price movements of 2500 points. - We have a lot of unclosed GEPs (yes, I know that they do not always close) - but before that 92% - everything worked fine. - We have growth without correction - Candle analysis indicates a drop in forces ... and many other factors. How do you know which position to enter? Watch the level 34150 - if the price is above this level, a breakout on the impulse, trades above this range, (1-2-4 hours TF) is definitely a Long position. In the meantime, work from the short position, since, according to my observations, the price will pull to the lower values ​​of the CME. We'll see. Since I suffered a small minus today, I decided to take a break and see how the price would react (I have the most important short position - open from 34450) Therefore, I open another position from 33750 (the range I wrote about) Same as in the comments about the strong level 32500-32700 Everything works fine) The trading idea is below - you can see. Sale from 33750 Target: 33050 - 32580 - 31900 - 31500 Stop Loss 34190 A lot is solved by the yellow rectangle And I immediately warn you - if the price returns to the range of 33750-34000 - I will do the reverse position without hesitation Since there will be a double bottom pattern, and we are able to calculate the size of such patterns)
Short
by UnknownUnicorn13204076
12