Location🌊: about the location of Bitcoin , please read my post with the topic ”Bitcoin Analyze( Road Map🗺️)!!!”.
Bitcoin was able to break the Necking line of the Head and Shoulder Pattern a few days ago. also, the failure was sufficient for a valid failure. so scenario 2 is more possible than scenario 1.
🔴 Scenario 1: Bitcoin is pulling back to its necking line and finally will break the heavy and the support lines == The head and shoulder pattern target will touch.
🔴Resistance zones & Support Zones on Bitcoin’s way :
Heavy Resistance Zone: 51600$ until 53600$
Heavy Support Zone: 48940$ until 47630$
Heavy Support Zone: 44600$ until 43000$
❗️Sign❗️: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES , and finally price arrived itself to this amount, three days ago we saw the same happens, and Bitcoin dropped down from 53889$ to 40888$, probably Bitcoin will arrive at 42850$ again👇
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅’like’✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
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