BTC in the consolidation zone, it get more and more tighten. As the indicator like RSI is showing to us we will broke the channel to the upside. please check setup: PP: 29773 SL: 28512 TP1: 31370 TP2 32800 goodluck
it seems we are in the downtrend channel and after rejection from monthly level i expected to touch 3 month level at 33778 set stop loss near 35555 2.9 Roi enjoy the trade
I tried to model btc behavior in order to find ATH time not price I think it would be October late
it seems BTC.D will be decrease for next 2-3 W that means : 1- BTC drop and alt pump 2-BTC range alt increase slightly 3- BTC and alt drop while alt drop faster than BTC
there are rejection first at the 54 K level short with 55.6 K stop loss the TP would be around 44 K after that we will go long all the way to the 50.8 K with stop loss 40 K if this would be true i will update it i think we will forming IHS
As you can see in the picture BTC has 1-2 weeks offset in time with DXY I tried to mentioned this difference in both charts It seems it more probable to see another leg down in BTC
broke trendline TP orange line weekly level
it is the 4th time BTC touch 4H 200 MA if we touch it again there high probability it broke and act as resistance PP: 57.8 K TP1 : 54.5K TP2 : 51 K SL: 60 K also it seems BTC try to forming fractal i marked them with yellow rectangle
may be somethin like this happened 10 or 20% for next week
long setup recommended leverage 20-25X be aware about stop loss
long setup prepare for break local resistance level it is trying to pass accumulation phase after **42.3 ** it get required confirmation ==================================================================== trade setup long recommendation for leverage 9x only use ***** 1% for margin trading capital **** be aware about stop loss 38.1 goodluck
strong bullish setup be aware about stop loss recommended leverage 5-7X RR: 2 goodluck