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Weeklyanalysis

BTCUSD SELL IDEA (28.8.22)BTC broke the trendline (rising wedge) on 4hr and retested it, so I entered a first small sell with a tp at next demand zone, but it will very likely hit my SL, so I added an 3x big sell limit at the supply zone above us, that would be a 5RRR. You also can leave TP open and close partial at that level and let rest run till 10k-15k; because this could be a possible long term price.... use this opportunity and buy as much as you can.... BTC likely wont be that cheap ever again
COINBASE:BTCUSDShort
by kristian_ngut
What Actually Happened To Bitcoin Price Action EditionSo I decided to see why this big ol' drop is happening with Bitcoin. The answer? We're filling a very old order block that was never completed in July 2021. So it makes sense price has dropped ALL the way to where we are now. Time to analyze where we may be going from here. According to this current situation, once the years-old order block is retested, we should make a long push back up to the 38810.05 weekly zone since it was never retested on the 4hr. It just dropped like a brick. If we are not ready for the giant uptick back up yet, and we breakthrough the monthly 28990.63 zone, the next pivot area will be 24337.80 daily zone. We're about to find out what happens. BULL TPS: • 32788.17 • 34337.72 • 35504.62 • 36622.43 • 38810.05 BEAR TPS: • 29315.72 • 27774.40 • 26233.07 • 24475.42
BITSTAMP:BTCUSD
by NikaJourney