Bitcoin Analysis 10/02/2023

  • BTC was close to the 21k5 zone as expected. Unfortunately, despite the trend, yesterday the market did not rebound to 23000 so that we could enter short orders
  • D1 closed the Engulfing candlestick very clearly lower at 21800.
  • Currently, the short-term trend will continue to decline today. From Blackmantrader’s point of view and perspective, BTC will rebound to 22300, after which the market will continue to decline towards 21500. Here we will observe if a reversal signal appears, as this is the zone we are waiting to buy that was analyzed by Blackmantrader at the beginning of the month.
  • Holders have been able to buy coins gradually.

Command reference:

Short 22250 (When a reversal signal appears)
SL: 22550
TP: 21800

Long 21500 (When reversal signal appears)
SL: 20900
TP1: 22100
TP2: 22500

WISH YOU 1 SUCCESSFUL TRADING DAY

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