Dear friends:
Here is my humble vision of BTC:
Yesterday we had the LTB false breakout of the wedge we were on. We see Bull Trap being pointed out in the graph.
Prices have retreated into the first buying zone, which is understood to be the 50/60% Fibonacci retracement zone. This zone is marked in green on the graph between the region of 33369-33060.
I see two possibilities:
1- Confirm this buy zone and go back up as indicated by the first arrow.
2 We go back to the bottom of the wedge and from there we go back up, as indicated by the two lower arrows.
In any case, we are in a very lateral market and it is very possible that the market will soon make a decision.
I reiterate that in my view we are not in an area to sell our BTCs, but rather in a buying area.
If you want to talk to me, send an inbox message, or click on the footer of this post!
Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
CLICK DOWN HERE!
Here is my humble vision of BTC:
Yesterday we had the LTB false breakout of the wedge we were on. We see Bull Trap being pointed out in the graph.
Prices have retreated into the first buying zone, which is understood to be the 50/60% Fibonacci retracement zone. This zone is marked in green on the graph between the region of 33369-33060.
I see two possibilities:
1- Confirm this buy zone and go back up as indicated by the first arrow.
2 We go back to the bottom of the wedge and from there we go back up, as indicated by the two lower arrows.
In any case, we are in a very lateral market and it is very possible that the market will soon make a decision.
I reiterate that in my view we are not in an area to sell our BTCs, but rather in a buying area.
If you want to talk to me, send an inbox message, or click on the footer of this post!
Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
CLICK DOWN HERE!
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Português
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Português
🇧🇷 t.me/powerinc
Abra sua conta na BINGX e ganhe prêmios exclusivos!
👉 bingx.com/partner/powerinc
