boorboorha

Bitcoin has been suffering between two ranges for some time. On Thursday, we have the American CPI index ahead of us, which can affect the market. In general, the volume of transactions is low, and we also had news about the Tron Foundation and Hubei exchange, which stopped the market growth to the extent A little. The price touched 28,800 the previous day and reached above 29,000 again, and the trend weakened again, and there is a high probability that we will return below 29,000. If the support is broken at the price of 28,400, and then we will reach the support of 28,000, if it is not supported. It is not out of mind that it will reach channels 27 and 26. *This is just my personal opinion and is not a deal offer*

Bitcoin price has been stuck for a long time between the two areas that I have shown with a yellow arrow. If it comes out from any side, traders must react to it. The probability that the price will reach below 29,000 is higher because the market does not eat high volume and the possibility of seeing lower levels. That is, 28,800 and 28,000 are too much.

In the 4-hour time form, the possibility of the formation of a Double Top pattern can be seen. If there is support at these points, there is also a subsequent attempt to break 21,000. The resistances after the break are 21,500, 22,000, and 22,400.

Ethereum in the 4-hour time frame. Support in the range of 1580, in case of breaking the topple, we will return to 1550 and 1500, and in case of support in these points, we will test again at 1660, and in case of breaking the resistance, we have the next steps of 1680, 1760, and 1800 ahead.

Bitcoin in the time form is low until the specified point is high and then we may have a sharp correction until it is lower than the current price. It is used for a long position with a defined loss limit. Short time form

Bitcoin has left the ascending channel in the daily time form, and if it stays below the channel, the possibility of falling to lower levels is not out of mind. If it returns to the channel, we can be ready to grow again.

The market hit its support floor and reacted and went back up. If this level is maintained, there is a possibility of growth from this area to above $25,200. In case of failure of support up to 20,000 and then $18,800 and $17,255, the price will drop.

The market is between two levels of support and resistance. We had a fake break out above the resistance. If this support is broken, the market may reach 23000. (Blue circle)

1- These signals are not suitable for beginners, please be sure to get training before using them 2- Don't forget capital management and use the recommended levers 3- After touching the first target, be risk-free (close at least 50% of the transaction and stop at the entry point) 4- Be sure to stick to the loss limit, otherwise you may incur losses that are very difficult to compensate 5- Be sure to wait until it reaches the entry point, then enter and divide the capital on the signals that have two entry points. 6- Put in ten percent of the capital. Don't take leverage above 3 and don't lose more than 3 percent of the total capital and close the deal. 7- If it turns out against your analysis, you will end up suffering a small amount of loss. 8- Your profit or loss is up to you

Bitcoin is stuck in a triangle pattern in the 4-hour time frame and will touch the ceiling 5 times and the market will go down.