Rick_trader7777

Rick_trader7777 Updated 

Hello. Welcome to the accumulation phase.🧲🧲 I hope BITGET:GEMSUSDT does this work correctly and successfully moves past this level. The price is at the bottom of the accumulation box, and Wave B has less volume than Wave A. So, if technically the price does not close below 0.3$ at 4h, we may see an increase in the price towards the top of the box and then go...

Rick_trader7777

Well, in the daily timeframe, after reacting to the midline of the channel, we saw a correction towards 43180, as we mentioned in the previous analysis(you can see on my profile). During retracement of the previous correction trend, it is observed that buying volume decreased and the daily candle did not close above the resistance at 43180. So, we can expect a...

Rick_trader7777 Updated 

"Well, we have reached the target we wanted and expected🔥🔥. Now we need to see the daily candle reactions towards the middle line of the channel, which may take a few days. If the volume increases in the direction of selling towards the middle line of the channel, we can expect the line to break down. Also, if the daily candle does not close above the resistance...

Rick_trader7777 Updated 

The price will rise up to the two sma 7 & 25(43700) collision point, and then we expect the price to correct to sma 99, which will also be the middle line of the channel

Rick_trader7777

Hello Today, October 11, 2023 >> In general, BTC is in a neutral and range trend from the middle of March 2023. BTC has been range in this box for these 8 months. It is too early to decide the market is bullish or bearish, and we have to wait to see which side the box will break. So don't rush to hold or wait for the btc to stabilize at the top of the box (30-31...