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BITCOIN ANALSYS UNDER A 15MTF
A 15mtf of bitcoin is showing mixed reactions including both buy tales and sell tales on both of the direction it is hard to pridic the next move but to wait for a confirmation either.A break and a candle close above (77,778) will confirm bullish impulse till (78,043)-(78,218)
REASON= A break above (77,778) will confirm both bearish trend invalidation and also a clean (CHOCH) and will follow classic (SMC) price action.
How ever a break bilow (77,439) will lead to furthure decline till (77,200)-(76,700) Zones.
REASON=A break bilow (77,439) will confirm both bullish trend invalidation and a local support breakdown which may lead to sharp selloff.
SUMMARY
Waiting for a confirmation is way better than jumping in blinding and loosing money a good confiramtion can give a good oppurtunity to take some profits.
$BTC3L $BTC #trading #CryptoMarketSeesVolatility #WCTCTradingKingPK #USMilitaryMaduroBettingScandal