RG Analitics 🟒 [PRIVATE CHANNELπŸ”’]
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RG Analitics 🟒 [PRIVATE CHANNELπŸ”’]
#BTC weekly candle close heavily bearish with no wick at the bottom and trading below the $63,000. Now the expectations are $61,000 and lower support gonna be tested and a reversal can be expected.
Extending the support on the left, #BTC exactly bounced from the support zone around $59,500 and strong reacting. There's still a lot of bearish momentum on the left or it might be just a pullback, so can't just anticipate a clean reversal.
RG Analitics 🟒 [PRIVATE CHANNELπŸ”’]
#BTC didn't moved alot but LTF shifted to bearish again. Price might go for an another retest, back to support or form a double bottom for turning the price.
#BTC formed a double bottom and made a bounce. Price made a small channel pattern had a break but still moving with-in a range. A break below back tot he support zone, will be high probable reversal for the market.
RG Analitics 🟒 [PRIVATE CHANNELπŸ”’]
#BTC formed a double bottom and made a bounce. Price made a small channel pattern had a break but still moving with-in a range. A break below back tot he support zone, will be high probable reversal for the market.
#BTC gave a fakeout of the consolidation area and flipped it into the bullish side. Price now pushing with the strong movement and expected a minimum to reach out the resistance area of $64,800. That will a decisional point and watch out the rejections or breakout.
#BTC gave a weekly closing below the resistance area but this week candle trying to push to the upside(Above Resistance). Daily candle closing gave decent closing above $60,000 which looks healthy. Price need to see a closing above $62,000 and we can see market continue to pump again.