BTC/USDT - Retesting the 7.6k

On this graph BTC trying to re-test the 7,6k price up, if he reach the price the next target would be 7.8k. But if he can't reach the said price this will fall again to 7.1k and the support are 6.8k up to 6.5k. In the long run by using PitchFork tools, The Graph shows bearish scenario. Big pitchfork for bearish vs small pitchfork for bullish. 70-30% but we will see what happen few days from now. 




So question is this deliberate this kind of pattern just to buy a deep for bitcoin halving? What do you think Please let me know your though by comment below.


You can check here: https://www.tradingview.com/chart/BTCUSDT/XxSeHpHX-BTC-USDT-Retesting-the-7-6k/




Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)


Disclaimer: This is for educational purposes,it is not intended as a financial advice.


The analyst won't be responsible for a loss of fund. The trader must be able to manage risk.


 


#Trend Analysis


#Chart Patterns


#Wave Analysis


 


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COMMENT

24

preview not available Shadda 🇵🇰
04 Dec

I hope it will soon cross 7.8k and 8k in next week..

2 REPLY

17

Bitcoin Bee Reporter
04 Dec

The target 7.6k is hit but the 2nd target 7.8k is not that's why it fall back below 7.1k target reach! Thanks for turning in. We will put a new chart!

0 REPLY

14

razeiv Thapa
04 Dec

My couple of 100's are in stake.. Hit 9k please :D

1 REPLY

23

preview not available Hafsa M
04 Dec

price will up in 2020...

1 REPLY

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