Hello Friends,
In this post, i analysis BTC daily and 4hr chart, hopefully you will like it.
So, let's see the Daily chart.
Here you see that market created short down move with a down channel on daily chart. but recently price broke that short channel and point his finger to the up move.
but on the daily chart price stay in a middle position, where have a resistance level few distance up, and price can be retest the break level too at this level...
so it will be a wise decision if we stay in neutral position...if price break 11815.2 level, then we think of buy this market again or if market back to the recent support level, then we need to wait for a pullback confirmation for buy.
Now let's see the 4hr chart...
here you see a channel, which will be decided the next market move that they will go the retest support or go up. if price break the lower side then it may be go down to the support level, and if it break the upper side, then price should be go up on the next resistance level...
Here's the end of this article. If you want me to write more, then please vote, resteem and comment for me....
I wish you better trading career
Syeed Hossain
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.