MarxBabu
Long

CryptoCoin Bitcoin to continue Up till 11k before reversal LBLS

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Friends,
Look at the chart closely .
As per the LBLS script indicator the Bull started from 9600 and still it continues as the candle color still in Blue .

Is it the right time to go for short ,In my view and as per the LongBuyLongSellIndicator it is big No No No!!!

The reason is ,Look at the last 11 candles ,it is evident that each of the candle on the bottom side shows Higher Low !
Yes of course the upper side candle shows bearish push it is a fake signal to make us into the trap.

So What is next as per the LongBuyLongSellIndicator.

Look at the back extreme zone where the support is at 10949 that means still up move will continue. Once it touches this point it may try to reach 11k and then 700 points reversal would start from there.

Watch this chart closely with all the time frame before you would take any position .

Currently i am bullish until 11k and then bearish for 10300. Both target is possible in week time.

Keep this post checked for one week of time to get how this is performing .


If you wish to look at the script here is the link below for the same.


Comment ,Like and share if you feel this is worth analysis.

Comments

Fine long view.
Reply
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