🏆Congratulations if you followed my previous view. I called a dump and that's what happened. $78,000 ✅
💡General overview [Key points]:
Neutral zone daily: 95,000 - 89,000$Neutral zone daily: 95,000 - 81,000$Daily / H4 rejection at the main downtrend resistance⚠️Monthly view: Bullish above 79,000$ [LONG TERM] 📈
The precedent big pumped was due to an hype because of #trump words ⚠️ [Correction can be expected]
Zooming on the daily view, we had a sell alert since February 04 (below Kijun).
On the 28th February we saw a nice Bullish hammer [D1] reversal hammer candle 📈
This reversal led to a bullish correction toward the 95,000$ resistance wich is probably over yet.
The Yesterda'ys daily candle close above the T/K confirmed that the bearish move is over!
Hence the current price is lock between the following level on the daily: 95,000 - 89,000$ [NEUTRAL ZONE]
💡My vision; What's next??
As prices remain bullish on the [HTF], prices may consolidate for some time before to see another bullish breakout.
A possible scenario would be a retest of the 88,000 - 89,000$ area (50% fib support) to confirm the reversal, before to see the downtrend breakout and a pump toward 99,500$ next 📈
A daily candle close below 88,000 would be pretty bad again🔴
🎯Key levels to watch on [local]:
🔸Downtrend [Daily] / Uptrend [Daily]
🔸Resistances:- 91,000 - 95,000 - 99,600 - 102,000 - 105,000
🔸Supports: [89,200 - 88,500] - 84,000 - 79,500 - 78,000
As long as
#btc price consolidate above 84,000$, the #altcoins market should start to recover 📈 (level by level)
If you enjoy to see my
$BTC BTC views, please share & like✍🏻
If you do, I'll share a daily H4 -D1 view and a weekly (HTF) view, every Monday!
#Bitcoin❗ #BTC #BitcoinDunyamiz