What do you think? ... Could it be time to take profits, wait for another drop in price and re-enter? ... In my opinion, there are still days left before the 65 limit can be broken with force and new highs can be considered #btc #bullrun2024📈📈 #BullorBearn
It is only time to wait, but if you want to stay active, wait for the price to reach the lower limits to go long and if it is at the upper limits, go short.#BTC🔥🔥🔥🔥🔥
In the daily chart we can find a similarity in relation to the previous month (the first image).
In the 4h chart you can see that the testing of the zones complies with the change in trend (image 2).
The 15-minute chart highlighted the short entry that was generated yesterday when we made the previous publication in which, in my opinion, the downward movement began. In the same image we see another accumulation zone.
Let's wait for confirmation to see how we should enter #short o #long
On a 1-day chart and a 4-hour time frame, two interesting areas are observed.
On the daily chart, it has been testing the same low area 5 times without breaking highs, leaving behind the previous bullish trend lines (they are the blue lines).
On a 4h chart it generates at least 3 touches in the same low area, generating new high lows.
Are we in a burnout zone?
For my part, I will wait for it to give a clear trend signal, since the movement it generates will surely have a lot of momentum.
#MyFirstFeedPost It's my first post, I don't usually publish anything anywhere but I think that after several years of study I finally managed to have the foundations to be able to operate in crypto. Do not leave your operations to chance and do not believe everything you see, study and you will see a difference in your balance.#Luckis for the mediocre. Those who know where they are going do not need luck but patience to prepare, to wait, to cultivate the spirit, and above all to not forget their dreams.