đŻ $BTC - Daily price update:
As expected yesterday, we saw a bullish correction to retest the 89,000 - 90,000$ resistance area!
The current price area remain pretty neutral on the daily basis.
The bearish scenario remain valid below the downtrend and the 94,500$ upper big resistance! â ïž
If we zoom on the weekly view, this is a good sign for the bulls are we tested nicely 2 time the Kijun line, but as we are neutral and overbuy on the monthly basis, we can expect supports to be break later!
đĄSo, what to do now?
đžAs prices is pretty neutral on the weekly & Daily basis, the best things to do is to short at resistances I mentionned;
đžAs I shared on the [H4 view] prices might move sideway between the [89,000 - 90,000] & [82,000 - 81,000$ area]
đžMy medium term outlook remain in favor of the bear, you can review my WEEKLY update for additional informations.đ
đžIf #btc price break & consolidate above 90,000$, then it will surely move upward toward 94,500 - 95,000$
đčAs BTC price is neutral, and traded below major resistances, we can expect many bearish rejection at/on resistances areaâ ïž
We have to wait for key levels to be break to trade on higher TF.
I hope this is helpfull for you.
Success rate of my insight > 80% every day'sđ.
This is not a financial advice. #DYOR
#Bitcoinâ #crypto
As expected yesterday, we saw a bullish correction to retest the 89,000 - 90,000$ resistance area!
The current price area remain pretty neutral on the daily basis.
The bearish scenario remain valid below the downtrend and the 94,500$ upper big resistance! â ïž
If we zoom on the weekly view, this is a good sign for the bulls are we tested nicely 2 time the Kijun line, but as we are neutral and overbuy on the monthly basis, we can expect supports to be break later!
đĄSo, what to do now?
đžAs prices is pretty neutral on the weekly & Daily basis, the best things to do is to short at resistances I mentionned;
đžAs I shared on the [H4 view] prices might move sideway between the [89,000 - 90,000] & [82,000 - 81,000$ area]
đžMy medium term outlook remain in favor of the bear, you can review my WEEKLY update for additional informations.đ
đžIf #btc price break & consolidate above 90,000$, then it will surely move upward toward 94,500 - 95,000$
đčAs BTC price is neutral, and traded below major resistances, we can expect many bearish rejection at/on resistances areaâ ïž
We have to wait for key levels to be break to trade on higher TF.
I hope this is helpfull for you.
Success rate of my insight > 80% every day'sđ.
This is not a financial advice. #DYOR
#Bitcoinâ #crypto