BTC... ranged move or limited correction before drop?

2022年2月23日

Hi everyone

chart below shows our 36700 support level act well to prevent more drop for now


but all indicators on 4H 12H and 1Day are moving in red zone that is not good

sign for bulls. adding the shadow of bear markets on Dow Jones, SP500 ....

give us warning for more drop in days coming. (Dow Jones chart below)


on the other hand tension between Russia an West is getting worse every day.

So below the yellow trend line price can move up and down before another drop

or if broke the trend line above 39K resistant we can expect around 41500$

but still can drop again.

I would be glad to see your chart idea and comment here, what do you think?


Enjoy the market

2022年2月23日

註釋

more details on chart below. notice the notification on the chart

2022年2月23日

註釋

rejected from 39K as expected.

2022年2月24日

交易進行

dropped more as expected

2022年2月25日

註釋

if hold the yellow trend line

2022年2月28日

註釋

hit the target, it can also keep moving upward so next target around 44300 expected

2022年3月1日

註釋

hit the next target as expected. now the market is in strong bull trend so it can keep moving upward. next resistant levels are in the chart.