Bitcoin Analyze (The end of pullback, 12/15/2022)!!!๐Ÿ”š

์—…๋ฐ์ดํŠธ๋จ
For a better start, let's go back to the post titled "Bitcoin Analyze_End of ๐ŸปBear๐Ÿป Marketโ—๏ธโ“" that I reviewed in the weekly time frame.

Be sure to try reading this post to get additional information about today's post.๐Ÿ‘‡

Bitcoin Analyze_End of ๐ŸปBear๐Ÿป Marketโ—๏ธโ“


According to the post above, Bitcoin is pulling back to the heavy support zone it missed.

The pullback structure is in the form of an ascending channel, which seems to have finished the journey of Bitcoin in this ascending channel with the formation of the Evening Star candlestick pattern in the PRZ(Price Reversal Zone).

Also, If we look at to Stochastic RSI Indicator in the daily time frame, we can see the end of the movement of this uptrend.๐Ÿ‘‡

์Šค๋ƒ…์ƒท

๐Ÿ”†Result: I think Bitcoin will attack the support zone again after breaking the ascending channel.

Bitcoin Analyze ( BTCUSDT ), Daily Timeframe โฐ.

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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Bitcoin broke the lower line of ascending channel as I expected โœ…
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Bitcoin Analyze (Short Term, Timeframe 1H,12/16/2022)!!!
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Bitcoin Analyze (What will happenโ—๏ธโ“)


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