Hi everyone, I'm back to give update on my BTC Analysis.
My Short prediction worked as price broke downwards as it briefly touched $44k to $41,6k (triggering my TP = $41,900).
Looking back, from Sept 23 till date BTC price has been stuck in the pink zone (lowest $41,2k ; highest $44,4k).
As price is getting to the white line it'll show complete exhaustion (wick rejections).
Now we can open our BUY order & wait for another price swing.
_____________________________
ORDER
BUY LIMIT : $41,4k or 41,9k
TP: $44k
SL: $38,9k
_____________________________
Pls let me know what you think about my price action prediction in the comment.
Thanks.
_Labiano50
(Motto: Don't just stare at the chart screen, take profit 1st)
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Pls take note, that I'm still learning & far from being a professional trader... So take my analysis for what it is (educational purpose).
My Short prediction worked as price broke downwards as it briefly touched $44k to $41,6k (triggering my TP = $41,900).
Looking back, from Sept 23 till date BTC price has been stuck in the pink zone (lowest $41,2k ; highest $44,4k).
As price is getting to the white line it'll show complete exhaustion (wick rejections).
Now we can open our BUY order & wait for another price swing.
_____________________________
ORDER
BUY LIMIT : $41,4k or 41,9k
TP: $44k
SL: $38,9k
_____________________________
Pls let me know what you think about my price action prediction in the comment.
Thanks.
_Labiano50
(Motto: Don't just stare at the chart screen, take profit 1st)
---------------------------------------------------------------------------
Pls take note, that I'm still learning & far from being a professional trader... So take my analysis for what it is (educational purpose).
