yosryelganady

Bitcoin Fighting $8,900 Before the big fall

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin ( BTC ) price is still retracing from the massive rally two weeks ago, which leads the sentiment to turn bearish . Several signs indicate that the price needs to reverse quite soon, or the whole upwards move is deleted from the charts.

Let me know what do you guys think about the current situation of the market ?

I'd definitely appreciate your action of following and liking this post,

Thank you,
yosry
Comment:
BUY: 8499.31 - 8429.55

TARGET:
(1) 8799.31
(2) 8999.00
Comment:
The price has now reached (8565.38$) my expectations :
in the next five candles, the price will fall to the resistance zone and in one candle, the price will rise to its highest point and then begin the process of entering a short position.
My personal expectation is that within three to five candles we will see the top
Let's see together what will happen
If you like my idea don't forget me from your support.
thank you
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.