#BTC analysis on 03/15/2021!
Binance, #BTC, H2.
>> Previous analysis: completed! Target 1,2 and 3 reached.
Global: Upward trend (correction range).
From a larger interval: the scope of the correction locally.
Yellow zone: volumetric. SL and TP proposals on the right side of the chart.
I expect a slight decline and another upward wave – $ 70K as local PIK.
Strong support: ~ $ 52500
UP from the volume zone or return to the green zone and UP.
Red zone = SHORT
Green zone = LONG
Raising from the top “W” – upward = SHORT
Break from the bottom “S” – downward = LONG
We can observe:
1D – negative
H4 – positive
H1 – positive
REMEMBER that a change in the price direction also occurs when the dominance in a given direction is deactivated!
REMEMBER to always consider 2 scenarios and think wisely about your deposit!
REMEMBER to follow the MM in the positions!
RISK WARNING! None of the analyzes or information contained in this analysis is an investment recommendation within the meaning of the Regulation of the Minister of Finance of October 19, 2005 on information constituting recommendations regarding financial instruments or their issuers (Journal of Laws of 2005, No. 206, item 1715). ). The analyzes and information are the private suggestion of the author, who is not responsible for the actions performed and the profits or losses incurred.