sunilvedula
@t_sunilvedula
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sunilvedula
sunilvedula
BTC after a long consolidation is now breaking down. The next possible likely target once it breaks 55650 is 44750. At that level we will have to review to see if it will take support or fall further.
sunilvedula
BTC is going down as happening with all cryptos. The support for BTC exists at 62k. Once that support hit we shall reevaluate the situation and basis price action we can decide further course of action. Till 62k is touched pls don't get into buy side of BTC
sunilvedula
BTC Reversed to UPSIDE from 65600 BTC likely to touch ATH (All time High) again. Market has taken likely support at 65600 by forming multiple doji patterns at that level. So our view has reversed. Also on 1 day chart all indicators and patterns are bullish
sunilvedula
BTC is ready for profit booking and correction till 57k. This is a good sign if it needs to resume its buillish trend to 1L
sunilvedula
sunilvedula
sunilvedula
57k complete. Now next 61k Get ready for 61k. we have successfully completed 57k. It took sometime as it consolidated but the target was achieved. Now next target is 61k.
sunilvedula
sunilvedula
BTC ready for retracement BTC didnt give us a higher high above 48286. Now it is ready for a downside. I have already mentioned the downside supports also shown in the figure. we need to watch and see if it will retrace till 42050 or not. There are multiple supports in between, Still full retracement not yet ready but mkt can move sideways or will go to the first support till 46759
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