ibbboo176
@t_ibbboo176
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ibbboo176
Wait for it to enter the accumulation zone and buy. sl at higher low below
ibbboo176
There is a bearish divergence so we could see a retracement till the higher low but because the bullish momentum is very strong, especially on the 1 day time frame I think BTC will continue its uptrend. The Fib retracement levels are a very good buying opportunity with SL at HL.
ibbboo176
BTC is making a bullish divergence and is headed towards a strong support zone we could see a move to the upside from here
ibbboo176
As we have seen earlier the 70-74k region has acted as a strong resistance for Bitcoin and every time it looked to past it, it came crashing down. The bullish rally we are currently witnessing on the 1 day time frame is pretty familiar. We saw this twice before too, but every time the price went crashing down once it hit resistance. This time, however, the higher highs and higher lows are accompanied by a bullish divergence which is a positive sign. So, I believe this time we will finally break the resistance and are in for a ride.
ibbboo176
A bearish flag pattern can be observed which suggests that the instrument will continue its downwards movement. There are no divergences so we can expect the bearish trend to continue in the long term.
ibbboo176
there is a strong support zone and a harmonic reversal AB=CD pattern also forming The D point of reversal is falling in the support zone which means a reversal can be expected from there
ibbboo176
bearish on ada/usd trend is bearish already and theres a bearish flag
ibbboo176
it has broken the uptrend and has hit a major resistance level
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