Mrn1995

BTC/USDT March 2021 Prediction

Long
Mrn1995 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
In these days, most of The Traders and BTC Holders feels that " We're in a big correction wave " and faced us with a high volatility market that became from this big panic that "we'll lose all of our assets"
but I think it's just a little correction and we must prepare ourselves for the next wave that reach us to 85 K $ .
I think we will have maybe one or two red Monthly candle around 40k $ and 51k $ , The longer it lasts we have more time for alt coin Springs.

According to the strong support on 42k $ on daily and hourly chart we can expect that the price will move up, then fall from one of these resistance.
I can See 3 resistance on the way and they can be turnover point too
this analysis just according to the recent descending wedge pattern and support zones .
I recommended to trade in these resistance lines and see Price behavior.

- First ; You can Buy after breakout and healthy pullback . ( around 43K $ )
- after that ; sell on resistance , Wait for breakout and test , then enter to market to next resistance

Key Prices ;
1. Entry ; around 43K $
2. Stop ; around 41K $
3.Target 1 ; 45K $
4.Target 2 ; 48K $
5.Target 3 ; 51K $
Comment:

can we expect a flag pattern !?
Trade closed: target reached:
Close our position
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