Hello, after the weekly candle close and we see it close below the red zone ( resistance ) i expect more fall to 13k $ and like the previous idea the worst scenario is fall down to 5500$ and stay tuned for more updates.
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Weekly candle close below the resistance zone
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Bitcoin forming now descending triangle another reason for us to short BTC
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u can open a short position from here with 10X leverage after breakdown
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also he can be an ascending triangle to the up side don't open long or short if you don't see breakdown or breakout
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now btc forming ascending triangle and we should testing 18k $ area don't open any position before the breakout happen and also if he breakdown we will see another test for the support but i'm not very hopeful we can stay above it
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What i'm expecting is we could see an bull trap before the fall down to the bottom and btc can test 18k$ before he fall down to bottom.
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u can long btc after breakout to 18000$ with 10X leverage and we could see a bull trap to confirm BTC will fall down to the bottom
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u can wait a test of this trend before u open a short position with target of 15900$
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congratulation for those open a short position after my call we made 40% wit 10X leverage and BTC hit exactly our target 15900$.
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i'm still very bearish to BTC and now he forming a clear descending triangle and we could see a breakdown to the next support.
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BTC breakdown right now
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BTC 4H now need to close below the green zone or we could see another move to the upside where 18k $ level before the huge dump now i'm seeing RSI Divergence on 30m Candle and i want to share it with u guys don't open a short position before we make sure the next 4h candle won't close above the green zone.
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this will be Bottom of BTC.
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and it's happen what we predicted hours ago and BTC could test the 18k$ level before we see a huge dump to the bottom.
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BTC still in upward channel and it's time for the WAVE 5 and in the end of waves we can see a big correction or fall down to our bottom ( 10600$ ... 12800$ )
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and yes what we expecting is happening right now BTC fly to test 18000$ resistance
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retest the resistance broken and now it's a support and now it's time to fly and see u at 18000$ follow me for more updates.
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hello i think i must share with u guys this update about BTC if the head & shoulders confirmed u should set a stop loss where i'm mention in the chart and i'm still bullish until BTC hit the 18000$ levels but we need to manage our risk and we should not trade without a stop loss.
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some of biggest traders in tradingview just copied and share the previous update.
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BTC now could be forming an ascending triangle and continues his upward to 18000$ and the last breakout also could be a fakeout to hit the SL of small traders, if the BTC breakdown the green support and retest this mean we are going to see more fall down and if not we can see BTC test 18000$ level before the huge fall down to the bottom, follow me for more updates thanks.
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and what we expect is happening btc form the ascending triangle and breakout to continues his upward to 18000$ level.
