Crypto4light

Bitcoin 28000 in August. And when we find the bottom?

Long
Crypto4light Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT

The problem with technical analysis - we have a so much indicators and technics which showed us different numbers.
On candles chart youll see another numbers, with lines totally different, and also on different timeframes either will show one more side of chart, so we dont know which one is correct. BUT


Daily timeframe chart on BTC in Line chart look like this now.

Possible Targets
➡️Downtrend line with 2 perfect touches, waiting third touch, most likely with rejection again around 28000
➡️Between 28000 - 32000 now very strong sellers zone, which I dont think we break in August.
➡️ After test 28000-30000K we can slowly going down but over downtrend line to buyers zone again 19000 by end of September/October
➡️19100 Previews ATH 2017 and around 13100 in 2018 by line chart so I think we will hold the line and dont break this levels
➡️ The crowd is waiting 10-5K the same like Crowd waited 100K - huge trap!
➡️ My most negative scenario is around 15300 in November - test global yearly support line so everyone open short and waiting 10K sure
➡️ After October Im expecting sideways move and total disbelieve on market, so in November we slowly start new cycle.

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Trade closed: target reached:
100$ missed)))

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