Cryptocurrency

What Next On BITCOIN (Technical Analysis).



In this video you will learn;
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6. What Next On BITCOIN (Technical Analysis).
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In my immediate last video I talked to you about this resistance and that this resistance is a very very strong resistance in the market and have capacity of bringing the market back down in that before you can think of buying the market or taking a long position there must be a breakout of

This very area of resistance and that is the opposite of what we seeing right now no breakout and Market is moving to the downside this what I’ll be talking about in today’s video very important level of support at this area of $41 and $40,000 all of these and More in today’s

Analysis if you are new to this Channel please leave a like for the YouTube algorithm and don’t forget to subscribe to this channel turn on the Bell notification for more update like this also check the channel for other crypto videos and technical analysis on the one

Day chart if you look at this very area of resistance very important Market move up a little bit with this candle and then have reduced momentum before this little move to the downside we are seeing right now and if you watch my last video I talked to you about these

Breakouts you see this is a very strong support So Market break out of a strong support at this very point and the market move um a little bit to the upside to this resistance and then coming back down right now what I am expecting like I told you in my last

Video is is the market will come down into this very area but this is the final Target that is the $ 38500 level and the $37,000 level at this very area that is my final but before the market will get into this area there is a very strong support level at the

$40,000 at this Z point and 41,000 at this very area so markets have to drop into this very area and a breakout of this very area of support will send the market into this level of 38500 and 37,000 this is what you must have to pay attention to right now now for the

Market to move to the upside like I said in my immediate last video we must have to see a breakout of this level of resistance so once you see that break out the market is going to move to the upside without doubt but for now we are seeing some bearish momentum coming to

The market to the downside that mean the beers are a little bit strong in the market right now willing to move the market into this area of support and if a breakout happen like I said the market is will come back into this level of

$37,000 so this is what you must have to pay attention to right now on the one day chart so on the overall it is a period per of waiting in the market that mean Market have to correct a little bit before you know continuation because if

You look at this very move the market has been moving all the way from here to the upside without any significant correction because this is not a correction this just a consolidation so after consolidation Market push up a little bit into this area and then right now there should be a correction so

After correction into this Zone will be a nice area to buy or long the market again to the upside on the one day chart and if the market not get into this area of support and we see a breakout on this very area of resistance right here then

That also mean that the market is going to move to the upside so two possible buy area is number one this very point of resistance a bullish breakout will make the market to move upward and if the market come back down into this level of support will be another area to

Buy too for the market to move uper on the 1 day chart BTC and on the 4our chart if you look at this very area I told you that for you to take a long position we must see the market break out with a bullish candle and should

Close Above This Very Spike right here but we do not see that so no buy opportunity Yet Market is going to come back down expect the market to move in into this very zone of important support right here Market should come back down on the immediate short time on the 4our

Chart BTC and on eth I am also looking at the same thing Market should move into this very level of support on the immediate shortterm this Market should continue back to the downside into this very area of support which is very important and lastly on SOL now if you

Look at it so have a very great momentum it that’s moving to the upside from this area of $68 into this very point where we see the market Skyrocket into $124 and right now A retracement is needed for continuation so I am expecting just a little retracement into

This Zone before continuation from this very area of support because we have a very nice support at this very point which will turn and a the market to move to the upside this is what I am expecting right now on so so for Solana wait for the market to retrace back down

Into this area for it to Long the market from this zone or buy the market to the upside because these markets have a lot of momentum to move upwards eth the market come back down for a buy opportunity around this area and on bitcoin the market is going to come back

Down as well for a buy opportunity around this very zone of support this is what I am watching right now on this various chats if you are new to this Channel please don’t forget to leave a like for this video for the YouTube algorithm subscribe to the channel and

Don’t forget to turn on the Bell notification for more updates like this check the channel for other crypto and technical analysis thank you very much for watching today’s video and I will see you in the next video

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