Bitcoin
See my previous bitcoin analysis, I had warned about the fall of bitcoin And I believed that if the specified bitcoin box was broken, it should be accompanied in order to break the box.
But to be honest, I get very little profit from the Short position, I hurried and got out of position a little early
But do not rush now. The story of Bitcoin is not over yet,
Bulls:
There is a very strong support in the range of 40,000, Buyers considered this range as a price reduction so they don't let bears rest there even for an hour!
The hypothetical ascending green line which drawn by doubling the broken ascending channel, could be a place to gather buyers together.
Bears:
The descending Red line which is strong enough to stimulus for selling thousands of bitcoins.
The RES range which not as strong as SUP range!
It is better to wait to see the outcome of the war of bears and bulls. When each group loses one of its pillars of power, we join the other group.
Attention: pillars of bulls are the SNR and the ascending green line and the importance of the support level is much higher.
Pillars of bears are the SNR and the descending red line and both have equal power.
In my personal idea bulls are stronger but I prefer to wait.
But to be honest, I get very little profit from the Short position, I hurried and got out of position a little early
But do not rush now. The story of Bitcoin is not over yet,
Bulls:
There is a very strong support in the range of 40,000, Buyers considered this range as a price reduction so they don't let bears rest there even for an hour!
The hypothetical ascending green line which drawn by doubling the broken ascending channel, could be a place to gather buyers together.
Bears:
The descending Red line which is strong enough to stimulus for selling thousands of bitcoins.
The RES range which not as strong as SUP range!
It is better to wait to see the outcome of the war of bears and bulls. When each group loses one of its pillars of power, we join the other group.
Attention: pillars of bulls are the SNR and the ascending green line and the importance of the support level is much higher.
Pillars of bears are the SNR and the descending red line and both have equal power.
In my personal idea bulls are stronger but I prefer to wait.
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