exactly 😀
@if you look at the broader angle it will retest the range 98_99 first. when selling fully - always go down.
Trading Insight_DN
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When BTC is sideways within a certain range, or as we call it (box), everyone is worried about the so-called 'Distribution'. At this point, is there still any distribution? If there was distribution, the model should have entered around March.
The trend of BTC is clearly defined like this, in the H4 frame, it is a Bullish Pennant pattern and is trending towards forming 3 gradually increasing bottoms to break. So in the long term, just need to break 106-108.
The market liquidity at the 99-100 range that I keep mentioning still holds value. Just about 1000-2000 in price, but with different perspectives. Additionally, regarding the price testing back to around 97.000$ , if it breaks here, then 91 and 75 are waiting.
The expectation for the trend to continue is correct, but fundamentally the market needs to grow in the long term to remain sustainable; to go further, it needs to gain momentum. Before each price increase phase, the market needs to adjust and accumulate.
Analysis can be done now, but to say one is confident, that is not true. Currently, the factors or basis for confirmation are truly fragile. Just to let you all know clearly, those who claim to predict accurately every day and every phase abcxyz are just 'xamloz'.
Only a few people need a specific date and time to entrap you. If I knew exactly like that, then Truong My Lan or Mr. Vuong would just be names, not someone who is free to post for member recruitment.
You only guess right when you don't guess anything at all. So when viewing, I hope everyone sees that fundamentally it is just a perspective; the analyst also relies on various factors to have sufficient basis to make probabilistic assessments, there is nothing like real love or relying on 5-10 years of experience or being KOLs blabla. You just refer to views where they fit and see.
The trend of BTC is clearly defined like this, in the H4 frame, it is a Bullish Pennant pattern and is trending towards forming 3 gradually increasing bottoms to break. So in the long term, just need to break 106-108.
The market liquidity at the 99-100 range that I keep mentioning still holds value. Just about 1000-2000 in price, but with different perspectives. Additionally, regarding the price testing back to around 97.000$ , if it breaks here, then 91 and 75 are waiting.
The expectation for the trend to continue is correct, but fundamentally the market needs to grow in the long term to remain sustainable; to go further, it needs to gain momentum. Before each price increase phase, the market needs to adjust and accumulate.
Analysis can be done now, but to say one is confident, that is not true. Currently, the factors or basis for confirmation are truly fragile. Just to let you all know clearly, those who claim to predict accurately every day and every phase abcxyz are just 'xamloz'.
Only a few people need a specific date and time to entrap you. If I knew exactly like that, then Truong My Lan or Mr. Vuong would just be names, not someone who is free to post for member recruitment.
You only guess right when you don't guess anything at all. So when viewing, I hope everyone sees that fundamentally it is just a perspective; the analyst also relies on various factors to have sufficient basis to make probabilistic assessments, there is nothing like real love or relying on 5-10 years of experience or being KOLs blabla. You just refer to views where they fit and see.
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