BITCOIN - If We Enter This Demand Zone We'll DEFINITELY Bounce
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If we enter this demand zone, we'll definitely bounce back, Why?, Why? and Why?!
The reason is Because....
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Hey Hey Calm down guys, i know that y'all very curious about that,
Don't worry buddy i'm understand that maybe one of y'all want to buy BITCOIN at the price that you'd think this is low price and will make you being rich..
But in my point of views its little wrong. You should doing some analysis not just by thinking that you will being rich if you buy BITCOIN, but i'm happy that you're reading my analysis.
As we can see on my daily timeframe chart analysis, we approaching the strong demand zone..
Why would i'd say that is a strong demand zone? because this strong demand was formed since before the previous BTC's rally on 17 - 20 June 2019 (around $9000 - $9600 price forming this demand zone) , after that on 21 - 27 June 2019 BTC was fly high from $9000 - $9600 (after formed demand zone) to $13920.
Every BTC had entered this demand zone (dump or correction after the rally), it definitely bounced back as you can see on the chart, that was 3 times BTC entered this demand zone and got bounced.
and it seems BTC also forming this triangle pattern http://prntscr.com/p4uzww (Sorry I don't know how to insert a images in to the chart) um.. i'm more prefer to look at the strong demand zone price action but why not?.
My expect bounce back point from the analysis is around 9600 and target is T1-T5.
Otherwise, IF we breakdown this strong demand zone, the answer is opposite.
Note : This is my personal opinion and it must not be taken as financial advice or guidance to base your actions. It is necessary for you to perform your own research or analysis before you do anything with your money.
Thanks a lot for reading my analysis. Good Luck, Cheers!
The reason is Because....
...
..
Hey Hey Calm down guys, i know that y'all very curious about that,
Don't worry buddy i'm understand that maybe one of y'all want to buy BITCOIN at the price that you'd think this is low price and will make you being rich..
But in my point of views its little wrong. You should doing some analysis not just by thinking that you will being rich if you buy BITCOIN, but i'm happy that you're reading my analysis.
As we can see on my daily timeframe chart analysis, we approaching the strong demand zone..
Why would i'd say that is a strong demand zone? because this strong demand was formed since before the previous BTC's rally on 17 - 20 June 2019 (around $9000 - $9600 price forming this demand zone) , after that on 21 - 27 June 2019 BTC was fly high from $9000 - $9600 (after formed demand zone) to $13920.
Every BTC had entered this demand zone (dump or correction after the rally), it definitely bounced back as you can see on the chart, that was 3 times BTC entered this demand zone and got bounced.
and it seems BTC also forming this triangle pattern http://prntscr.com/p4uzww (Sorry I don't know how to insert a images in to the chart) um.. i'm more prefer to look at the strong demand zone price action but why not?.
My expect bounce back point from the analysis is around 9600 and target is T1-T5.
Otherwise, IF we breakdown this strong demand zone, the answer is opposite.
Note : This is my personal opinion and it must not be taken as financial advice or guidance to base your actions. It is necessary for you to perform your own research or analysis before you do anything with your money.
Thanks a lot for reading my analysis. Good Luck, Cheers!
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