This afternoon we came out of the threshold 10000, but it is a false rise, destined to go down.
Possible scenarios:
BTC rises in the 11600 - 11700 area and then falls back.
Critical downtrend level: 10000. If btc breaks this support, the descent continues up to 9200 - 9000. From there you have to see if the support holds or not.
So in LINE GENERALE, the operation of the btc is still short (in the medium term), like my other analysis with a 1 day chart, which for now has proved to be very correct.
What do you think about it?
Trade attivo
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Btc seems to be following my idea with orange arrows. With the 1H chart it seems that a small support is forming in area 10500. If it does not hold up, it may touch the dotted red line ($ 10,000 area)
Trade attivo
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the trend of BTC continues to follow the orange arrows.
Right now he is on the support of 17 January.
I start to close 70% of my trade in profit.
Trade chiuso: obiettivo raggiunto
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today I closed the remaining position.
The idea was corrected, even if it took 3 more days.