BTC MACRO STRUCTURE WITH FUTURE POSSIBLE TARGETS TA (PLS DYOR)

18 giu 2022

Macro market structure of btc learned from haris khan(tmw) and from it one can get the general idea of btc trend and its possible Future Scenario. overall, btc is in a Down Trend and Bearish flag on weekly and daily tf. From the Strong demand btc would possibly be rejected and Capitulated for couple of weeks then Possible Reversal of trend occur and btc might make an Ath but safe targets in capitulation period is previous aths. pls News in market are also Negative/Bearish e.g fed interest increased, War in ukraine , Possible Recession, s&p500 down,luna,celsius,3 arrows crash etc
Conclusion: market is in bearish trend, so, hold your funds for buying in the Real Dip not the reel one ;) and for now one can take small trades from 1,2 percent of capital with risk reward 1/2 or 1/3
Ahmed

2 lug 2022

Nota

Now btc is on support and once again making bearish flag on 1 day tf. So, wait for breakout or invalidation of pattern, before it one can trade with 1,2 percent of their portfolio with good risk reward.