Still in the weekly ichimoku cloud -> Neutral.
But if we break the actual bear flag, the target could be 25k. By the way, we have a huge gap to fill à this price.
But if we break the actual bear flag, the target could be 25k. By the way, we have a huge gap to fill à this price.
Trade active
Hi everyone, I hope you are shorting or in stablecoins waiting for a good entry point !In my opinion, the next level to watch are the July 2021 bottom at +- $30k. If BTC continues to fall, the target could be
25K like I said in the past. We also have a smaller one at 18.400, we will see later if we can reach it.I also look at Ichimoku levels (blue lines on charts = Kijun monthly + weekly).
Key levels -> 30.900 -> 22.500 -> 16.200 -> 11.500 -> ...
Whatever the level we will reach, be careful. We are not safe from having a rebound like the one that trapped a large number of people on May 4, 2022.
Hey, don't forget to give a thumbs up! Your support is greatly appreciated =)
Also, don't hesitate to share your ideas about BTC in comments !
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.