price trading near an important support zone and fib level waiting for break or bounce from the zone manage your targets accordingly
trend is still bullish price after printing HL going to make HH also taking bonce from strong support zone + fib level 1.446 going to take long position, levels are mentioned.
strong resistance zone and fib level too, price rejecting again and again from this level.
four times tested strong support level on 4H and daily time frame broken and a bearish divergence on RSI also formed, taking short position.
strong resistance zone and triple top pattern becomes, it seems that possible rejection is coming, going to take short position.
resistance going to become support, trend line broken and price is going to make HL so i am taking a quick short position.
today's analysis of BTC is totally depended on its previous cyclic behavior, previous top 20k to 3k bottom BTC took 52 weeks almost one year and it moves downward almost -85% previous bottom 3k to top 70k BTC took 152 weeks almost 3 years and it moves upward almost +2000% if we try to find out next bottom in the reflection of its previous behavior then expected...