Hello Everyone,
something is clearly visible for this month. i want you all to recall upward wedge, the price is hypothesized to breakthrough the support.
So here is my analysis. We are going to retest 20000 support. and i am 100% sure we are going to see bounce back from 20k support line to test 22500 again. If we break this support next time, we have seen the bottom. But, if BTC fall back to retest 20K, we don't know where is the bottom. May be between 12500 to 16500.
So, this is a short term SHORT call. Your target should be 20100.
Happy and Safe trading. Please manage your risk management accordingly.
Kindly Like, and let me know in the comment section about this analysis.
something is clearly visible for this month. i want you all to recall upward wedge, the price is hypothesized to breakthrough the support.
So here is my analysis. We are going to retest 20000 support. and i am 100% sure we are going to see bounce back from 20k support line to test 22500 again. If we break this support next time, we have seen the bottom. But, if BTC fall back to retest 20K, we don't know where is the bottom. May be between 12500 to 16500.
So, this is a short term SHORT call. Your target should be 20100.
Happy and Safe trading. Please manage your risk management accordingly.
Kindly Like, and let me know in the comment section about this analysis.