MARKET PREDICTIONS TURNED OUT PERFECTLY, STRATEGIES WON‼️
Today's trends and price movements in the cryptocurrency market were successfully predicted. While BTC followed a volatile course during the day, significant gains were achieved by correctly applying the strategies. However, it was observed that the short position strategy given in the morning hours was a bit aggressive and a more careful approach was needed. The rebound movement in the evening hours repeatedly indicated that prices would rise after the correction.
BTC Movements:
• It tested the 56,000 level with a high volume increase from the 54,500 level in the morning hours.
• A slight correction occurred in the afternoon hours, but the market continued with fluctuations.
• Short positions gained volume again in the evening hours, and the rebound showed a recovery around 54,500 and rose.
• BTC broke the 56,000 resistance at the end of the day and reached a stable level.
ETH Movements:
• ETH, which moves in sync with BTC, gained a total of 171 points.
• ETH can be traded between 2470-2500 and the target is set around 2600.
Strategies and Technical Analysis:
The daily candlestick chart is regaining the lower band of the Bollinger bands and turning upwards. However, it is observed that the recovery is not fully realized in the evening. When combined with the 4-hour chart, it is stated that prices tend to move more upwards and have the potential to test the resistance level. If the resistance level is broken, prices may reach the 58,000 level. Otherwise, a small pullback may occur, and then market data may enter a wavy trend again.
Conclusion:
When market dynamics are carefully monitored, opportunities can be provided for both short and long positions. Investors can act with the right strategies by following the application guide.
#Bitcoin #escoin #elg #btc $BTC
- This article does not contain investment advice❗️