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#pizzaday #ETHETFS *Btc update* Btc on 4h and daily time frame giving many confluences of a heavy correction towards downside *Let's discuss these ones* *1* Btc forming bearish bat 🦇 pattern and completed at at 71 k region so it can dump UpTo these levels 69k 66k 65500 64700 *2* inverse head and shoulder Btc yet to complete it's right shoulder for inverse head and shoulder which will be completed at 66-65k region so correction UpTo there will be good and from there we will long targets will be 80-87k *3* resistance of log chart On daily time frame there are two resistance of log charts at 71-72 k region if rejected from there and on good retracment btc will come down to respect it's support which is again around about 65k region *4* bull flag breakout Btc broken out bull flag although it's poll is not as valid as it should be but on retracment of this bull flag around 66k region we will long from here *Senerios of long and short* *Short entry* If you want to short btc you can short from 72k region but with stoploss of 72800 as it can gives liquadity wicks UpTo 73500 so it's difficult to short here you have to manage it technically It's targets will be 69k 67k 65k I recommend to not short the market in this bullish sentiment *Longs or spot accumulation* You can start accumulate btc on every level For long term or long entry but use stoploss according to your R:R For spot holders Buy as follows 68500 66 65500 64700 62200 Further you have to manage your risks at your own $BTC #PEPE‏ #btc70k #altcoins
#pizzaday #ETHETFS *Btc update*
Btc on 4h and daily time frame giving many confluences of a heavy correction towards downside
*Let's discuss these ones*
*1*
Btc forming bearish bat 🦇 pattern and completed at at 71 k region so it can dump UpTo these levels
69k
66k
65500
64700
*2* inverse head and shoulder
Btc yet to complete it's right shoulder for inverse head and shoulder which will be completed at 66-65k region so correction UpTo there will be good and from there we will long targets will be 80-87k
*3* resistance of log chart
On daily time frame there are two resistance of log charts at 71-72 k region if rejected from there and on good retracment btc will come down to respect it's support which is again around about 65k region
*4* bull flag breakout
Btc broken out bull flag although it's poll is not as valid as it should be but on retracment of this bull flag around 66k region we will long from here
*Senerios of long and short*

*Short entry*
If you want to short btc you can short from 72k region but with stoploss of 72800 as it can gives liquadity wicks UpTo 73500 so it's difficult to short here you have to manage it technically
It's targets will be
69k
67k
65k
I recommend to not short the market in this bullish sentiment
*Longs or spot accumulation*
You can start accumulate btc on every level
For long term or long entry but use stoploss according to your R:R
For spot holders
Buy as follows
68500
66
65500
64700
62200
Further you have to manage your risks at your own
$BTC
#PEPE‏ #btc70k #altcoins
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