Following the movements of the sp500, which seems to have bottomed out and is ready to try to reach $4,000 tomorrow, we can say that bitcoin shows a very similar behavior.
It seems that the sp500 downturn has come to an end, it is time to recover or bounce at least against the desired 4000$.
One thing has become clear after the poor US employment data. Interest rates will continue to rise and we saw this in a plunge in the SP500. Bitcoin is now in a triangle of indecision and analyzing the 2h and 4h periods I think we can deduce that before Monday, we will break down as soon as the SP500 opens its price.
The bullish period begins in 1h, which I suppose will end in the 17250 area, where the PREMIUM is located. Lets go guys!
I come back with another long to waves, it really has potential to reach 3$ but let's go slowly, first 2.55 is an acceptable target.
Hi guys, I bring you the menu of today - tomorrow I expect a small drop of BTC down to 17000 16900 After this we continue our route to 17500 and maybe this will be the last push before entering a more accentuated correction to 16500.
We now open a small short up to 16800-16900 and open a long again in this zone up to 17250 or 17500.
This is an idea assuming that powell ranger does not say ugly things and only says neutral or nice things. In any case, a small correction is needed
Analyzing the 1 and 2 hours downside profile I expect a small pullback movement for the BITCOIN , the ideal is to enter at 16600 with a LONG x10 - x5 position and close at 17100 17200.
Entry price 5.42 5.35 Lev X 5 Target 5.60 SL: 5.30
Entry 16400-16300 Leverage x5 or x10 SL 16200 Following different indicators we can see a new attempt of BTC to hit 16800 once again before falling back down like a dead rabbit.
Entry 300 - 302 Exit 314 lev x5 following the bitcoin trend that will make a slight rise of 300-400$ BNB will rise 12-15$ dollars perfect for a long position with leverage.
Volume dont follow property this breakout so im predicting a pull back to 9300 zone.
With a clear support zone at 9200 (Ichi) and a unestoppable tendence , my target its up or near 9400