💎 BTC : ATH 🌡️ ! Now What to do Next? PUMP or DUMP 🔥🔥🔥🔥
Hello Dear Traders,
(Crypto Market Cap : 558 Billion , BTC Dominance:62.4%)
Today BTC Traded For All time High , Binance ATH price was 19888$. Today as 1 December 2020, BTC closed Monthly candle of November and Opened December Monthly candle at 19695$. as structure of monthly candle is very bullish. its indicating that 20k area is not a big deal to break, in various posts we were regularly discussing about 20k price reaching soon. and after monthly candle close i m pretty much sure that we are going to see BTC price trading above 20k in just few days. so whoever is trading in leverage ..please don't look for any short opportunity always looks for only long.
Today BTC made Double TOP Chart pattern and we seen flash crash in a price, when btc was trading at ATH. On-chain analysts say a sell-off from whales and miners, combined with the 20k level acting as a resistance level caused a fierce drop. in recent posts we discussed about how whales are heavily depositing there btc on various exchanges. the best period for whales to sell is when there is peak euphoria in the market met with large buyer demand. This allows whales to more efficiently sell their holdings without causing massive volatility.
19800 is acting as a strong supply zone right now but i m pretty much sure that with little healthy correction BTC will break this supply zone easily so conclusion is every drop is for BUY/LONG only. BTC has discovered new supply and demand zones on chart. in next post i will tell you which is best area to BUY/LONG.
Thank You.
Please share your opinion and leave a comment and / or give it a like.
This trading idea has been presented to you by ROHITWORKSS
(Crypto Market Cap : 558 Billion , BTC Dominance:62.4%)
Today BTC Traded For All time High , Binance ATH price was 19888$. Today as 1 December 2020, BTC closed Monthly candle of November and Opened December Monthly candle at 19695$. as structure of monthly candle is very bullish. its indicating that 20k area is not a big deal to break, in various posts we were regularly discussing about 20k price reaching soon. and after monthly candle close i m pretty much sure that we are going to see BTC price trading above 20k in just few days. so whoever is trading in leverage ..please don't look for any short opportunity always looks for only long.
Today BTC made Double TOP Chart pattern and we seen flash crash in a price, when btc was trading at ATH. On-chain analysts say a sell-off from whales and miners, combined with the 20k level acting as a resistance level caused a fierce drop. in recent posts we discussed about how whales are heavily depositing there btc on various exchanges. the best period for whales to sell is when there is peak euphoria in the market met with large buyer demand. This allows whales to more efficiently sell their holdings without causing massive volatility.
19800 is acting as a strong supply zone right now but i m pretty much sure that with little healthy correction BTC will break this supply zone easily so conclusion is every drop is for BUY/LONG only. BTC has discovered new supply and demand zones on chart. in next post i will tell you which is best area to BUY/LONG.
Thank You.
Please share your opinion and leave a comment and / or give it a like.
This trading idea has been presented to you by ROHITWORKSS
