I have been using 15m in the previous analysis but this time a bigger timeframe will show a better entry It's still testing and if it's holds that little support 😁,there will be smile in our faces ☺️ A day is coming where I will do some little video of easy trading
Trading is not all about the money You have to love what put food on thw table
I love the moves BTC is making A good trader will always benefit from the market $18k is the target 🎯
If the market should test the trend line, forming a reversal at that zone then the market will be bearish
With what going on in the crypto market The faith of crypto is been questioned not just only by people who don't believe in it but also those who have lost money due to several matters in the space The fall of BTC to this level is reducing the faith of many I pray for positive turn around 🙏
The market is in a channel for a very long time and it have form a little channel The market is on a support level and we are expecting a bull that if the market decide it's not breaking below Let's watch and wait till a clear signal is formed
If you really do a study on candle stick pattern then you will know. It used the 20ma as a resistance level to continue the bearish trend
Following my previous analysis on this,you would found out that it's really going towards our direction. We expecting the market to reach the next support level.
The market is forming a pattern,which is the cup and handle pattern If the market breaks below the bearish season continues
Looking at the chart from a 15min timeframe,the market is forming a channel. Their can be different explanations but trading a channel is simple. Stop-loss above the channel
From this stand point if the market should break the resistance level,we see BTC touching $30k
From all indication the market is bullish using 1day time frame and have a target it's about to hit