$BTC | This is the only chart you need in order to understand where we are heading next inn the broader context of price action.
-We have closed a full powerful selling volume candle a little far from the Yearly open level which tells us two important thing : 1) We have broken and closed below the most important level in my opinion and this is bearish for me in weekly time frame. 2) Yearly candle is now red and might close red if we remain below this yearly open.
(Candle close will be lower than candle open = Candle becomes Bearish doji)
Currently we are at a short time good support but the most important area below price is -2024 All Time High of around $73k to $74k.
This the level my eyes are looking at constantly. if you came this far reading, do support and engage in any form you can.
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$BTC | This is the only chart you need in order to understand where we are heading next inn the broader context of price action.
-We have closed a full powerful selling volume candle a little far from the Yearly open level which tells us two important thing :
1) We have broken and closed below the most important level in my opinion and this is bearish for me in weekly time frame.
2) Yearly candle is now red and might close red if we remain below this yearly open.
(Candle close will be lower than candle open = Candle becomes Bearish doji)
Currently we are at a short time good support but the most important area below price is
-2024 All Time High of around $73k to $74k.
This the level my eyes are looking at constantly.
if you came this far reading, do support and engage in any form you can.
Thank you for reading sir/madam.
#Bitcoin