#BTC #Bitcoin #Final #Update #Eddy #Distribution #Schematic #1 : #Wychoff #Events & #Phases
(("What you see in the picture is Schematic 1 in the distribution structure of Wychoff.
Every increase on Bitcoin is considered as the last opportunity to open short position. I have identified and labeled the important points where you can seek confirmation for the short position ✍️
The price range of $44,000 and $45,000 are my entry points for sell trades by getting the necessary confirmations for the target of $22,500 and expecting Bitcoin to return to above $50,000 after chasing liquidity behind $20,000 is where the market maker scares everyone. And the seller makes them do heavy accumulation and purchase, and according to the approval of Bitcoin ETF, it is the best opportunity for investors to buy Bitcoin in the price range of $20,000.
People who work on futures, be careful, $20,000 will be faked in the high time frame.
Hunt points and creating fear in the market that can be touched: 17-19 thousand dollars.
Anyway, this is my scenario and it may not be true, don't forget to get confirmation, there is no certainty in the digital currency market and we all look at the market based on our perspective and analysis of the technicals on the charts.
Take care of your capital and invest with your strategy and reviews or use signals and analysis.
Serious warning!
This analysis is suitable for professionals.
I recommend beginners to watch the tutorial."))
Analyses of Trading Ranges By : Dr. #Eddy SunShine 👨🏻💻 1/13/2024 ❤️
(("What you see in the picture is Schematic 1 in the distribution structure of Wychoff.
Every increase on Bitcoin is considered as the last opportunity to open short position. I have identified and labeled the important points where you can seek confirmation for the short position ✍️
The price range of $44,000 and $45,000 are my entry points for sell trades by getting the necessary confirmations for the target of $22,500 and expecting Bitcoin to return to above $50,000 after chasing liquidity behind $20,000 is where the market maker scares everyone. And the seller makes them do heavy accumulation and purchase, and according to the approval of Bitcoin ETF, it is the best opportunity for investors to buy Bitcoin in the price range of $20,000.
People who work on futures, be careful, $20,000 will be faked in the high time frame.
Hunt points and creating fear in the market that can be touched: 17-19 thousand dollars.
Anyway, this is my scenario and it may not be true, don't forget to get confirmation, there is no certainty in the digital currency market and we all look at the market based on our perspective and analysis of the technicals on the charts.
Take care of your capital and invest with your strategy and reviews or use signals and analysis.
Serious warning!
This analysis is suitable for professionals.
I recommend beginners to watch the tutorial."))
Analyses of Trading Ranges By : Dr. #Eddy SunShine 👨🏻💻 1/13/2024 ❤️
