BTC 1D analysis
According to the daily positive trend line as you see, in short future we will reach a daily reversal zone(red rectangle) there are two possible move:
1. The price makes a pullback and then starts bullish move
2. The price makes a pullback and then starts bearish move
Note: sometimes pullback doesn't happen and market act sharply instead
In my own opinion bearish move is more probable than bullish but as you know we should wait till the market act and then after confirmation we can persue it to take our profit for low risks positions.
Thanks.
1. The price makes a pullback and then starts bullish move
2. The price makes a pullback and then starts bearish move
Note: sometimes pullback doesn't happen and market act sharply instead
In my own opinion bearish move is more probable than bullish but as you know we should wait till the market act and then after confirmation we can persue it to take our profit for low risks positions.
Thanks.
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