Bitcoin Holding PRZ Support Lines – Is a Weekend Rebound Coming?

5 apr

First of all, I would like to say that the Trading Volume is generally low on Saturdays and Sundays, so I don't expect the Support Lines and Potential Reversal Zone(PRZ)[$82,340-$82,000] to break. Of course, we should always be prepared for any scenario.

Bitcoin(BTCUSDT) is moving near the Support lines and PRZ, and with the help of the Failed Falling Wedge Pattern, Bitcoin has declined in the last few hours.

Educational Note: In technical analysis, if a Reversal Pattern fails, it often acts as a Continuation Pattern instead.

I expect Bitcoin to trend upward in the coming hours and be able to reach the targets I have outlined on the chart.

Note: If Bitcoin touches $81,900, we should most likely expect more dumping.

Please respect each other's ideas and express them politely if you agree or disagree.

Bitcoin Analyze (BTCUSDT), 15-minute time frame.

Be sure to follow the updated ideas.

Do not forget to put a Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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6 apr

Trade attivo

Trade was activated near Support lines and PRZ

6 apr

Trade chiuso: obiettivo raggiunto

First and Second Tp was touched