Alright After few days of Analysis
Here come the new analysis I have gather from my experience
I know Everyone is happy for BTC to go up like crazy since last week
But we need to keep an eye on the Resistance box coming up.
BTC really need to break 45-46 K to completely be on the bull until 52K
Then we hit another resistance at 52K for the next bull to 60K and up
Also at last but not least the ORANGE TRIANGLE is still valuable key to watch
My previous analysis had this triangle in Orange and people need to watch BTC/USDT on the big picture
IF you are trading as a day trade this might not be too affective but as we are getting close the triangle end
Just keep watching if BTC is breaking the triangle pattern
For BTC is hold and keep going UP trend, it needs to hold 44K all to the end.
Always when you are trading, Must always think of your Risk and always think of the worst case scenario
BTC could always hit 30K back <-------
This is going to be the 4th time BTC will be hitting 45K soon / IF it doesnt break it all the way high then we can see
support at 42K <---- Key to hold for the Bull run of BTC
Otherwise we go back to 38K
36K-38K is the strong support line
Alright enough of my chit chat
Hope this help you guys to keep your risk and open your eye more on the bigger picture
Grats for people who are on gain so far but always remember do not be greedy
and always take profit whenever you can
And always set a STOP LOSS
HOLD UP TRADER!
Cheers
DY
Here come the new analysis I have gather from my experience
I know Everyone is happy for BTC to go up like crazy since last week
But we need to keep an eye on the Resistance box coming up.
BTC really need to break 45-46 K to completely be on the bull until 52K
Then we hit another resistance at 52K for the next bull to 60K and up
Also at last but not least the ORANGE TRIANGLE is still valuable key to watch
My previous analysis had this triangle in Orange and people need to watch BTC/USDT on the big picture
IF you are trading as a day trade this might not be too affective but as we are getting close the triangle end
Just keep watching if BTC is breaking the triangle pattern
For BTC is hold and keep going UP trend, it needs to hold 44K all to the end.
Always when you are trading, Must always think of your Risk and always think of the worst case scenario
BTC could always hit 30K back <-------
This is going to be the 4th time BTC will be hitting 45K soon / IF it doesnt break it all the way high then we can see
support at 42K <---- Key to hold for the Bull run of BTC
Otherwise we go back to 38K
36K-38K is the strong support line
Alright enough of my chit chat
Hope this help you guys to keep your risk and open your eye more on the bigger picture
Grats for people who are on gain so far but always remember do not be greedy
and always take profit whenever you can
And always set a STOP LOSS
HOLD UP TRADER!
Cheers
DY