Bitcoin : Long-Term TA Update (Pattern & Price-Action)
2025-01-01
Category: None

This is just an analysis 
 We trade based on this analysis and market behavior
 
 Currently, the price has hit the support zone of 91400.0
 This level also role as a neckline
 The price may have a short-term rise and go up to 99200, in which case we can enter a buy position by breaking the downtrend resistance line #1
 

 But if the price  breaks the neckline , we should enter a sell position until the price reaches 74,800, which is also the target of our bearish pattern

 Trading Setup: 
Sell on Neck line Breakout

  CRYPTOCAP:BTC.D  BTC.D TA: 

 What are these signals based on? 
 
 Classical Technical Analysis
 Price Action 
 Candlesticks 
 Fibonacci
 RSI, Moving Average , Ichimoku , Bollinger Bands
 

 Risk Warning 
Trading  Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.

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