Bears Are Not Yet Done !!
Weekly Time-frame
Still in a bearish picture. stock market are dropping so we can expect a bearish month if this continues.
1D Time-frame
It seems like in 1D TF we have a doji candle which is neutral candle close to bullish harami. Rejection area still waiting at the supply zone $43,800.
Demand zone waiting at $42,600
4H Time-frame
Double bottom forming and that would be a bullish sign until we hold the area of EMA 233. Once SXP drop then this too will break to the downside.
We have a drop base drop.
1H Time-frame
how to trade
BTC SHORT
entry $43856-$43747
SL 1-5% whole portfolio $48326
leverage 8x - 35x
2% portfolio only
TP 1 $43140
TP 2 $42692
TP 3 $42240
TP 4 $40400
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Still in a bearish picture. stock market are dropping so we can expect a bearish month if this continues.
1D Time-frame
It seems like in 1D TF we have a doji candle which is neutral candle close to bullish harami. Rejection area still waiting at the supply zone $43,800.
Demand zone waiting at $42,600
4H Time-frame
Double bottom forming and that would be a bullish sign until we hold the area of EMA 233. Once SXP drop then this too will break to the downside.
We have a drop base drop.
1H Time-frame
how to trade
BTC SHORT
entry $43856-$43747
SL 1-5% whole portfolio $48326
leverage 8x - 35x
2% portfolio only
TP 1 $43140
TP 2 $42692
TP 3 $42240
TP 4 $40400
TAYOR
DYOR
NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news
Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
Feeling lost about how to trade?
Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
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