Today I want to share my analysis of $BTC Price. After my

Today I want to share my analysis of $BTC  Price.
After my Target Price hit I got a profit from short position: 2000$+. 
the $BTC price hit the strong demand zone and bounced back as you can see on my graph. Now it's time for me to wait for the price to bounce back a little more to around 62K I will be back to open a short position again to 56K price.
If you want to be a good trader you need to wait until the right time to watch the market reaction and follow the market. don't feel greedy in this situation.
I hope you have a good day.
stay calm and analyze carefully.

LIVE

boyLoyTRADER

Bajista

Today I want to share my analysis of $BTC 's Long-term trend.

Technical analysis using: Supply and demand, Relative Strength Index(RSI), multi-time frame (MTF), and Elliot Wave. and observe the Gold market and DXY (US dollar Index)

- MTF: If we look at the 1-day graph, we will see that the price breaks the strong support trendline and retreats, dropping more to 60,000 prices.
- supply and demand: we look carefully at the highest price of BTC, it try break the supply zone again and again but fail, and RSI it back to the sell zone too.
- Elliot wave: the BTC price completed the 5 main waves (Motive waves )and now it is time to create the ABC corrective waves.

If we compare $BTC Price to GOLD. we can see that both prices try to complete the retreat price (corrective wave).
If we look at the US Dollar Index. the price is still on an up-trend and makes another market drop the price.

from my view analysis, I thought $BTC would drop the price to 60,000 and 56,000.
Thank you, BOYLOY.👍

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

BTC

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Today I want to share my analysis of $BTC Price.

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