Bitcoin : Will it break the previous low of 3800$ level ?

21 mar 2020

On the H4 & D1 Chart Bitcoin made a reversal from strong resistance zone 7,000 - 7300$
Now formed a spinning top bearish reversal Candlestick pattern on D1 Chart and now Bitcoin may attempt to reach the previous swing low and support zone of 3,800$ - 4,000$

21 mar 2020

Nota

Also note that : If Bitcoin breaks the 3,800$ then we have a triangle breakout target of 1,800$. (The triangle is not looking good enough so, it's unconfirmed yet) First we have to see how the market behaves, Bitcoin Should made strong bullish reversal from 4,000$ level if it does so, the triangle bearish breakout will be invalidated.

21 mar 2020

Nota

Keep an eye to this channel too, it's a valid channel till now.

21 mar 2020

Nota

The Channel is still in play and Valid

22 mar 2020

Nota

6400$ became a good resistance on the H1 Chart

23 mar 2020

Nota

On the H1 Chart Bitcoin is moving in Range, Now we need to track and see the market in smaller timeframe.

Booked profit at 5,900$

23 mar 2020

Trade chiuso manualmente

Closed with 10% Profit,

Waiting for new trade entry.