Bitcoin in a serious Dilema

Hey guys I made this analysis for discussion purpose, pinpointing both sides of the market possibilities between BULLs and BEARs.

The chart says it all with both side target mentioned.

The question for discussion is what view are you considering right now? are you Bull or Bear??

Point to note is the DETERMINANT ZONE shown on the chart.

If Price keep holding above it the odd will keep favoring Bullish outlook while the reverse will be the case when price trading below it.

I leave it for you guys bring on your contributions and show us your reasons with charts for better views.

Thanks guys

액티브 트레이드:

Hello guys

On the upside i spotted a possible falling wedge and flag like pattern which if play out will give target towards 10800$

액티브 트레이드:

We lost major support zone yesterday with huge bearish candle that smatch through 10k zone.

The idea now is to wait for a potential or partial re-test on the zone and wait for price action to go short with immediate target towards 92xx$ zone.

Then from this zone we can accumulate long for target towards 11000$ to 11200$.

액티브 트레이드:

Great update last time,

BTC did bounced off the stipulated zone towards 92xx-93xx

Here we are now,

액티브 트레이드:

hey guys keep an eyes on my new on coming updates. This analysis need to be updated now. We hit the top of the zone towards 11k level.