Good morning everyone!
Another analysis on target šÆ!
Yes, some will say that the market is dead...
that BullRun no longer exists.
But Technical Analysis is Perfect, isn't it??
°ā¢āā When we understand that the Market is Sovereign, and the PATIENT takes the $ of the IMPATIENT... You will begin to understand the dynamics of the Market a little better.
It was measured in the previous post about the RESISTANCE and SUPPORT region expected for BTC.
āāā I believe I am one of the few who analyzes the H4 to read the flow for the IntraDay.
Reading Longer Graphic Times cleans up the noise and makes it easier to interpret the Asset's Movements.
We are STRONGLY oversold in the 15min. and in the H1, showing us a great BUYING opportunity with the RISK X RETURN in an excellent position.
Here is an analysis of the H1 of $BTC and $WIF :
BTC on H1 has a current RSI of 11, working with the price outside the Lower Bollinger Band.
We have a Zero Stochastic.
I had already mentioned that on H4 the SUPPORT would be between 96 ~ 93k, we are almost losing the 95k with the H1 SCREAMING the OVERSOLD REGION.
We have a Target to rebound again at 98k.
WIF on H1 has a current RSI of 7, working with the price almost losing the Lower Bollinger Band.
We have a Zero Stochastic.
I had already mentioned that on H4 the SUPPORT would be close to 1.86, we are at 1.85 with the H1 SCREAMING the OVERSOLD REGION.
We have a Target to rebound at 1.93.
DYOR
ššš
LoadinGGG..