M2it2M

M2it2M

The 200-day moving average price has broken up. In pullback to the broken range seems to be the best buying position. The first price target is the mid-term price ceiling. Setting the stop loss is necessary.

M2it2M

Long term seems bullish, but this position is in mid term

M2it2M

Main trend is bearish and price in the correction trend, then first we set long position and if price rise up, then set short position Time frame = 1hour

M2it2M

As shown in the chart, the price is approaching the floor of the bullish channel.

M2it2M

1 / ( 50.14348112 * ( (1/BINANCE:BNBBTC)^0.136) * ((1/BINANCE:DOGEBTC)^0.091) * ((1/BINANCE:XRPBTC)^0.042) * ((1/BINANCE:DOTBTC)^0.036) ) / ( (BINANCE:ETHBTC^0.576) * (BINANCE:ADABTC^0.119) ) )

M2it2M

Everything is clearly visible in the daily chart

M2it2M

Cup pattern in weekly tf

M2it2M

The chart appears to be on a downward trend. The chart shows two important supports. Lower support is drawn in the weekly timeframe, where it breaks its weekly ceiling in the weekly timeframe.

M2it2M

The first target is specified. We expect it to reach this target in the next two days at most.

M2it2M

tf #D Bitcoin seems to be forming a double-top pattern. Shopping in this area should be done with more caution and analysis.

M2it2M

This is a chart without analysis, this record has its own audience.

M2it2M

It seems that in less than ten days we will see the price reach the 126 range.