AnalysisCrypto-CurrencyBitcoin in front of a price explosion

Bitcoin in front of a price explosion

https://ar.tradingview.com/chart/BTCUSD/Yd6VvlFu/

The peaks and bottoms indicator facilitates technical analysis in a simple and objective way. It makes it possible to draw supports, resistances, and trend lines in a simple and fast way, and to identify retracement areas.

A very important feature of the indicator are the dots in orange, which symbolize strong consolidation areas, after which a price explosion will occur.

Currently, there is a strong consolidation area at the 29 thousand area, from which a very strong sharp drop is expected in the event that the price breaks the area downwards, or with a strong ascent, and a strong bullish wave in case the price breaches the area upwards.

Good luck dear brothers

Your brother Ahmed

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Ahmad Awada
Ahmad Awada
المحلل أحمد عواضه theSignalyst-Arabic تحليل فني موضوعي بعيدا عن الغموض بالإستناد الى إستراتجيات البرايس أكشن والأسلوب الواضح البسيط
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