Have We Entered the Bear Market? Or Was That Just a Correction?
Have we entered the bear market? Or was that just a big correction ?
I see 2 important levels;
First Important Area: 42000 - 45000
Second Important Area: 30000 - 28000
What Moves Can Bitcoin Make
--> 3 movements can be. If candle close above the 45000 level , is the meaning that the upward movement will begin (pay attention to fakebreakouts)
-->Can make channel movement between these two areas (Consolidation)
-->If the candle closes below 28000 this is a bad sign. need to be careful (I recommend you not to buy immediately from dip , because prices can keeps dip)
If you like my analysis and stay informed about new analysis, follow me
Have a Nice Trades
I see 2 important levels;
First Important Area: 42000 - 45000
Second Important Area: 30000 - 28000
What Moves Can Bitcoin Make
--> 3 movements can be. If candle close above the 45000 level , is the meaning that the upward movement will begin (pay attention to fakebreakouts)
-->Can make channel movement between these two areas (Consolidation)
-->If the candle closes below 28000 this is a bad sign. need to be careful (I recommend you not to buy immediately from dip , because prices can keeps dip)
If you like my analysis and stay informed about new analysis, follow me
Have a Nice Trades
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