#btc has broken down trend and successfully broke through it | Js-Rao på Binance Square

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#btc has broken down trend and successfully broke through its trend line resistance of 68500, if it close above trendline u can long from here upto 73500.

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#Btc closes below black point resistance of 70500, for now we hv closed our positions, it may go anywhere, i wish it should not close next candle below red point coz it will again come under those blue trend line and will keep moving between them for next 36-48hr, and range will be 68-65... so it must close 4hr candle above trendline so that we can again go towards 70+ area...

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#Btc update! I have been updating all of you for few days when #btc was at 61k... Alhamdullila all analysis went good. I told u guys to take enteries at 61k when every one was in fear. Day before yesterday i told u if #btc close below red point we will book profits and close our enteries, and it close above previous lower high at purple point we will continue our trade, it closed above purple point, then i said if it breaks trendline at black point and close above green point which is previous resistance then we will keep our enteries and if anyone want to take long he/she can take, today i again updated if we close above green point u can take long, Now currently we r holding our trades and if it close above black point resistance which is at 70500k we will directly go to previous ATH 73777k and i wish we should close above blue point at 73800 then we will see a new ATH... Must remember its a pre-halving pump... Market still needs a correction of 30% atleast ... We can see 50-50k zone any time ... so plz manage ur risk... keep booking profits... Do not stuck in risky trades. If by any chance u take scalp being greedy, than do not invest more than 5-8% of ur portfolio, and must keep Sl... market is very risky and u need ustd to buy from 50k area... again telling u do not stuck in any trade more than few hours ... if trade goes against u than close in minimum loss do not hold it otherwise u have to wait atleast for 1.5-2months🙏

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#Btc should close Daily/weekly/4hr all candles above 67800 in order to reach 70k+... if it does than u can take long and adjust Sl according to Risk management, and Tp of 70k or higher... but make sure do not place sl atleast for 30mints, once come in profit then bring sl at entry and then in profit... Best of Luck✌️

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lets talk about #BTC movement, as u all can see first it was moving between Red Trend lines and creating "higher highs" and when it came to make a low it broke Red Trend line downward, and started creating "lower lows" between Blue Trend lines, but at point of "Black Dot" it broke Blue Trend line upward but got rejected at previous "lower high resistance" at "Purple small line" and again went in down trend and started creating "lower lows", now it just broke again that 3rd small blue trend line upward, now simply if it closes its 4hr candle above that "purple small line" which was previous "lower high", than we will see BTC going towards 70k and unfortunatelly if it comes back between 2nd and 3rd blue trend lines and again starts creating "lower lows" and breaks 2nd blue trend line at "Red Dot" where it has a major support of Red trend line and also green line support, and closes below that "Red Dot" point than we will see it going towards 56k because at point Red it has all supports like green line support of 61k, 2nd blue trend line and red trend line... so it must remain above "Red Dot" and personally i wish it to remain above 3rd blue trend line and close above previous "lower high" at the point of small purple line which is almost at 66500-66800k area. Same situation with #Etherium First it was moving between two upper red trend lines and making higher highs and then broke red trend line downward and started creating lower lows between blue trend lines even broke that 3rd red trend line and made lower low at 3056$ and went up to creat lower high but broke 2nd blue trend line upward at black dot point and again started creating lower low by keeping its self in downward trend, but it took support at 2nd blue trend line and reaching towards that purple dot point which is previous lower high and also green line resistance at 3545-3550$ area. It must close 4hr candle above so we can see it going towards 3800$ and if unfortunatelly it breaks 2nd blue trend line downwards at point red and closes below it than we will see it going towards 2500$ breaking all supports

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6) Layer 1&2 Narrative: ∆ Etherium (2200-2500$) ∆Matic (0.80-0.90$) ∆Arb (1.2-1.5$) ∆Xlm (0.08-0.1$) ∆Op (2.8-3$) ∆Manta (2.6-2.9$) ∆Jto (2.5-2.8$( ∆Xtz (0.95-1$) ∆Sei (0.75-0.83$) ∆Glmr (0.40-0.45$) ∆Avax (35-40$) 7) RWA Narrative: ∆Mkr (2200-2500$) ∆Aave (90-100$) ∆Mpl ( 12-15$) ∆Snx (3.5-4$) ∆Tru (0.050-0.070$) ∆Cfg (0.5-0.6$) ∆Gfi (1-1.5$) Well if u guys are missing real world assets coins then u should leave trading/investing. All Narrative on one side and this Narrative on one side... Maple (MPL), Centrifuge(CGF), GoldFinch(GFI) are not available on Binance, u can buy them from Gate.io. U should have to buy all these in bear market bcoz they all are already made 2-5x each narrative but as we all know we seek for 30-50x in bull run specially in Alts coins so dont worry u r not too late and remember one thing, not every coin will make 50x some will make 3-5x like Etherium Mkr Btc, and some will make 10x like Avax Inj Aave, and some will make 15x, only few will make 50x and if u r lucky. And don't forget to thnx me later👍

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