Malik_Traders(@malik_trader)s statistik

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btc

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BTC

109 340,37

+2.53%

66

0

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Malik_Traders

@malik_trader

Utforska mer från Creator

Not a fan of patterns, but they're hard to ignore. A reverse head and shoulders pattern is forming on the 4-hour Bitcoin chart, targeting a 10% move to $120k. However, $114k is also a key level. Invalidation would be a daily close below $109k.

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📈 Understanding candles is the first step to becoming a smart trader! Whether you're watching Bitcoin, ETH, or your favorite altcoin 🚀 — candlestick charts tell the whole story 🕵️‍♂️ The green candle 🟩 means buyers are in control! It opens from the bottom and closes at the top 🔼 — showing strength and demand. The red candle 🟥 is the opposite — sellers dominated, pushing price down from open to close 🔽 At the top of each candle is the **Upper Shadow** — it shows how high the price went, even if it didn’t stay there 🌕. At the bottom is the **Lower Shadow** — the lowest point price touched 🌑. These wicks 🕯️ are important — they reveal hidden pressure and rejection zones! The **Real Body** is the main part of the candle — it’s the battlefield 🎯. Bigger body = stronger move. Small body = indecision or balance ⚖️. When price closes higher than it opened, we see a bullish candle 🟢. When price closes lower, we get a bearish candle 🔴. A long wick on top? 🧠 Maybe bulls tried, but sellers rejected! A long wick below? 📉 Maybe bears pushed, but bulls fought back! These simple candles can reveal a whole war between buyers and sellers — supply and demand 🎯💥. Watching them closely helps you predict breakouts, trend changes, or strong support/resistance zones 🔍📊 Mastering this language of price action will help you trade with confidence ✨ So next time you see a green or red candle forming, don’t just watch — read the story it’s telling 🧩📚 Candles don’t lie. Let them guide your strategy 📉📈💰

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*BTC is currently sitting on support* But in my view, it looks weak and will likely *breakdown below 106k and dump.* Let’s see how it plays out 👀

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BTC update

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not possible but may be to 500$.

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