GJ will continue its uptrend but wait fro price to touch up trend and then enter
Wait for price to pull back, and enter at trendline as you will have low draw down and low risk.
as you can see a breakout from the uptrend, then a small retracement and now following a downtrend, wait for confirmation of a pullback from that downtrend and a reversal candle, if price breaks the trend line it could be a fake breakout and wait till it touches the trend line again then place.
As you can see, BTC price is following my trendline and SHOULD make a pullback and keep following the trendline regarding the resistance and support lines given.
price possibly aiming to the red resistance area around 12477, where then there will be a pullback to green support area around 11257. And after some consolidation this is where you will place a LONG. Right now its a market fade out and many sellers will come in at the red support rectangle so please be careful and i suggest you wait until price is around 11257...
Place stop loss at 13253.65, right now there will be a fallback to that red support line at take profit of 11282.09. you could wait for entry at 12092.58 but from then it will make its way down to the red support, and finally bitcoin will shoot up as shown with the second arrow and soon bitcoin will hit 20k. Follow me on Insta @shamz.01
Price has broken the uptrend, where a tweezer bottom i formed which is when huge amount of sellers come in, i am expecting EURGBP to go SHORT hitting TP 1 and then TP 2
We are generally low, at the resistance, quite nice demands, price possibly going up, with stop loss around 60 pips with take profit of 237 pips. price will move to 1.127617 where then will consolidate and hopefully a bigger long
This is an updated analysis and more thorough analysis on BTC from my previous analysis. Please follow my page for more free analysis daily!
As from 1.12149 there will be a slight consolidation of the market, i am hoping the price to then pass through the resistance on .12406 ans we will see our first bullish behaviour, following the uptrend (trendline 1) until it reaches top resistanceat 1.1405, it will try breaking out but i mostly think it will make a pullback towards 1.12721 relying on number 3...