behdark

BTC UPDATE (4H)

behdark Updated   
MEXC:BTCUSDT   Bitcoin / USDT
This analysis is an update of the analysis you see in the "Related Ideas" section.

After a drop from the specified supply, it bounced back to the supply side.

It seems that the price is going to drop again to the specified Demand side.

If the price drops towards Demand, we will look for buy/long positions on Demand

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active:
The drop move was made and TP 1 was hit.

Bitcoin's correction in the range of 59K to 55K can be finished and we can see bullish movements


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