BITCOIN Exclusive Technical Analysis Update:
BTCUSD Now trading at $9870 attriting this Post.
so What Next I will Explain Everything So don't Miss to read this Update if you want to earn Huge Profit.
What say Technical Analysis ..?
1)- First Scenario:- According to TA I can see $10650 is very Strong Resistance in weekly time frame.
and $10185 is also very Big resistance level guys.
so you also keep an eye on both level very closely.
If we breakout $10185 Resistance level with Good Volume then Next Target we can see $10650.
so this Resistance is very very Strong because this is 875 Days Strong Resistance.
and also keep in mind everything will be happened in Bitcoin because BTCUSD is very Volatile right Now.
so if breakout $10650 Level and any weekly candle close above $10650 then I will open Long position and Target would be New All time High.
But
2nd Scenario:- Now We are Talking about Support Level. So if Bitcoin Rejected this Strong Resistance level $10185 and $10650 then down side First support is $7748 for hold bull scenario.
but if this $7748 support level will break down then we can see BTCUSD bellow $6000 so I can expect $4800-$5200 if and only if break down $7748 Support level.
One more Scenario: Now I am resting on more things that 50MA and 50EMA also working good and its indicates when big Pump and when Big Dump.
so 50EMA crossover 50MA upward side then Very Bullish Scenario and we can see 300%-500% pump.
but if 50EMA crossover 50 MA downside then Bearish scenario mean we can see 70%-80% dump expect.
So you can read chart I drawn 1,2,3,4 number with White Box. this will help you too much.
When New All Time High or Again Low..?
I also Drawn One Vertical Line which is Indicate to me if Breakout Upward side then We can see Bitcoin New All time high and Time Period Also Given as previous DATA.
but if Rejected this Strong Resistance then we can see again Low till $4450-$5000 same White line and Time period also sAme.
So I am Waiting for Best Confirmations .
What to do Now..?
if I am Talking about Myself then I am Converting My 50% Bitcoin in USD. ( good and Trustable Stable Coin like #PAX , #USDC , BUSD )
So I am waiting for Breakout or Breakdown.
so I converted 50% in USDT at $10000 level.
if breakout upward side $10650 and any weekly or daily candle close above this Resistance level then I will buy again with Small Loss.
but BTCUSD down as I accepted then I will book Huge Profit.
This is Not Financial Advice.
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