Welcome to a new Update for BTCUSD
Monthly:
The price is super bullish. We printed again a new ultimate high. Bitcoin looks unstoppable
Weekly:
Very nice impulsive and correction moves
Daily:
is currently testing 0.382 of the impulsive move. This is why we had currently a massive manipulation to grab some more liquidity. Most of the trades have been looking at the Support Level to buy. What the market did was a nice short move through that level to hunt all those Stops.
Lower Timeframes:
Now we hit the 4h level of Demand and market has a good chance to go up from here. Of course we can go lower to the 0.5 or 0.618. But the 0.382 is exactly at the Trend Channel Bottom. So we have good probabilities that the market will push up from here
What do you think of this Analysis? Share your opinion of this pair below.
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Monthly:
The price is super bullish. We printed again a new ultimate high. Bitcoin looks unstoppable
Weekly:
Very nice impulsive and correction moves
Daily:
is currently testing 0.382 of the impulsive move. This is why we had currently a massive manipulation to grab some more liquidity. Most of the trades have been looking at the Support Level to buy. What the market did was a nice short move through that level to hunt all those Stops.
Lower Timeframes:
Now we hit the 4h level of Demand and market has a good chance to go up from here. Of course we can go lower to the 0.5 or 0.618. But the 0.382 is exactly at the Trend Channel Bottom. So we have good probabilities that the market will push up from here
What do you think of this Analysis? Share your opinion of this pair below.
To support the creation of more please leave a LIKE
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✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
