$BTC

This is just an analysis

We trade based on this analysis and market behavior

Currently, the price has hit the support zone of 91400.0

This level also role as a neckline

The price may have a short-term rise and go up to 99200, in which case we can enter a buy position by breaking the downtrend resistance line #1

But if the price breaks the neckline,we should enter a sell position until the price reaches 74,800, which is also the target of our bearish pattern

Trading Setup:
Sell on Neck line Breakout

What are these signals based on?

  1. Classical Technical Analysis

  2. Price Action

  3. Candlesticks

  4. Fibonacci

  5. RSI, Moving Average , Ichimoku , Bollinger Bands



Risk Warning


Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.

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