⚠️Don't get FOMO on Bitcoin⚠️

12 เม.ย. 2023

Hi everyone👋(Reading time less than 3 minutes⏰).

Why Shouldn't we Get FOMO on Bitcoin❗️❓

Please be with me in this post to answer this question.↘️

To analyze Bitcoin, I first used Fibonacci tools (price + time), I also identified 🟢support🟢 and 🔴resistance zones🔴 on the chart, and I used Volume, RSI, and Bollinger Bands indicators. I also specified 🔵CME Gaps🔵 on the chart that can be a road map for Bitcoin because they are completely filled up to this time.

⚠️Reasons not to get FOMO:⚠️

• Bitcoin is moving in a 🔴heavy resistance zone ($ 32,400-$ 28,120)🔴, and most resistances or supports are not broken with the one-time test.
  
  

• Bitcoin is moving in the 🟡Price Reversal Zone(PRZ)🟡.
  

• Bitcoin is moving in the 🟡Time Reversal Zone(TRZ)🟡.
  

• The Regular Divergence(RD-) between Volume & RSI indicators, and the price.
  

• ❗️Sell❗️ signal Bollinger Bands indicator: Sell signals form when the price goes up and a green candle breaks and closes above the upper band, and then it is followed by a red candle closing below the band.
  

🔔So, I expect Bitcoin to at least fall to the middle pitchfork line & support line and fill the first lower 🔵CME Gap($ 28,265- $ 28,110)🔵.

Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

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CME Gap was filled.✅

TRZ worked well.✅

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