BTC 12h Weekly section: Bitcoin weekend №13

28 мар. 2021 г.

Two weeks have passed since the publication of our previous digest "Bitcoin weekend" №12
And here's how the idea worked out:

Near the previous high $61,700-61,800, we warned about the possible beginning of a global H&S reversal pattern formation.
The fall was -18.50% in the BTCUSD pair
Altcoins, on the other hand, behaved differently: some rapidly fell, while others managed to make Xs on the growth.

Such introductory information forces us to consider another scenario in the near future, as the BTC fall was relatively weak and altcoins were moving in their own way.

Altcoins got oxygen and fuel for self-movement from the BTC dominance, which cannot fall down from the 3-year channel. But domination did not grow, altcoins thanked for that)

Regarding the future movement of the BTCUSDT price, we can assume that the price for 1-1.5 months will move in the consolidation triangle.
We will describe exactly where the shot from the triangle will be in our new ideas and not to miss it: subscribe to us and write comments and then you will always receive notifications.

So, the most realistic now for us is the BTC price growth in the liquidity zone of $57,300-58,500 in the coming days, but from there miracles can begin:
1. Breakdown and fixing above this trading zone will provoke first an update of the high, and then the price movement to the next target of $72,000, which by the way many participants want to see on tradingview space.
2. Smooth price lowering within the theoretical consolidation triangle with a lower limit in the zone of $45,500.
3. The most pessimistic forecast is a sharp fall in the BTCUSD price to $45,500 this month. This scenario is beneficial to market participants who want to give a clear signal for a market reversal and then they will be able to form a GRAVESTONE DOJE on a monthly timeframe.
It may turn out to be some kind of 1 April joke.
If you are interested, then you can read more about practicing such a pattern on the Internet.


We practically don't read the fundamental news background, there is a lot of garbage there, let's even say that 90%+ of crypto news is manipulative garbage that takes money from the cryptomarket newcomers.
The "guys of the market" pay millions for manipulative and promising news to any publications, and billions are taken on pumps or marginal positions liquidations.

Who does not know yet, we have launched an open 2-year trade marathon experiment here. The main purpose of which is to prove and clearly show, especially to beginners, that there is no need to rush in the cryptomarket!
The market works 24/7 and due to the observance of a trading system with strict risk management, you can increase your trading deposit by 2000% in just 2 years. In our case, it will be from $50.000 to $1 million.
Market cycles can change from growth to fall, from fall to growth - the observance of risks must remain unchanged in order for the deposit to grow in any market!

Write in the comments the trading pair you want us to analyze during the next week.
We'll start in the comments, and you keep going!
TOP 5 trading pairs that will collect the most likes or comments will receive a worthy analysis from us.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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