TOBTC 👉Technical Analysis
#BTCUSD
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#BTCUSDT going to correction and pump again... for BITSTAMP:BTCUSD by sinaosivand
BTC going to correction to about 10650 and go up to break resistance and touche 12K and 13K and finally 14 k and drop, if BTC can break resistance at 14K, we can see 16K and...
TOBTC 👉Technical Analysis
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Hi everyone
It’s Sina Osivand from TOBTC
As i mentioned it in the previous analysis in trading view and Twitter channel and here BTC could break the main historical resistance and hit 11300 and close daily above resistance
Now it’s time for correction and we expect that it will go back to 10600 or 10700 and with the change of polarity of resistance to support i believe it will go higher and hit 13200 and correction again!
Looking at the weekly timeframe I can tell that main resistance is 14600 at here and if it can pierce it BTC will pump to 16k but it depends on how it will behave in this week and if there is any news or fundamental
It was a suprise to anyone that it could pierce the 10k and close above it
No one predicted that🤷🏻♂️ it was completely unforeseen
I believed the price could dump to lower prices however it breaks the resistance technically so we can’t say it’s fake or so
It’s in sideways trend and it will pump again
It’s not a signal, so don’t open any position on this analysis
It could liquid anyone in no time
So be relax and calm
Don’t be greedy
Learn to observe and be patient
It’s Sina Osivand from TOBTC
As i mentioned it in the previous analysis in trading view and Twitter channel and here BTC could break the main historical resistance and hit 11300 and close daily above resistance
Now it’s time for correction and we expect that it will go back to 10600 or 10700 and with the change of polarity of resistance to support i believe it will go higher and hit 13200 and correction again!
Looking at the weekly timeframe I can tell that main resistance is 14600 at here and if it can pierce it BTC will pump to 16k but it depends on how it will behave in this week and if there is any news or fundamental
It was a suprise to anyone that it could pierce the 10k and close above it
No one predicted that🤷🏻♂️ it was completely unforeseen
I believed the price could dump to lower prices however it breaks the resistance technically so we can’t say it’s fake or so
It’s in sideways trend and it will pump again
It’s not a signal, so don’t open any position on this analysis
It could liquid anyone in no time
So be relax and calm
Don’t be greedy
Learn to observe and be patient