#Bitcoin Price Prediction & Tech Analysis - 28 October 2021 - @leofinance #leofinance
Hello to all the crypto traders and enthusiasts out there. As always I am a self taught trader and not qualified to give financial advice: please trade safely and research every investment thoroughly before putting even $1 in. I've seen people lose a lot of money. Don't be one of them!
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Below is my Graph analysis & breakdown of a few important price points. You will notice areas of support and resistance. #Bitcoin is currently trading at $60980, trying to break and hold $61k ⬇️
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Here is a cropped in 1-day graph of the same analysis. If you're looking to buy into #Bitcoin at a "good price", I think $51500 is a price point that should see heavy support [top of the blue wedge]. However if this #bullrun continues I have included my personal 'Bullrun Targets' that sell orders can be placed at. My advice is to take profits where you can and buy #Bitcoin at a lower price ⬇️
15 Oct 2021 : My Previous post predicted a BTC top of $66400 before hitting heavy resistance. We corrected at $67000 before coming down again, so my graph readings seem to be working for me at this stage. You can read my previous post below ⬇️
https://leofinance.io/@jim-crypto/bitcoin-technical-trading-analysis-usd60-000-out-of-the-wedge-and-back-in-the-bull-market-leofinance-techanalysis
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Again, please trade safely and if you're not sure what to do, do nothing.
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THE END
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BTC is 61k now.Once it break that 61k resistant line. BTC is going to the higher high resistant line. Once it break the higher high resistant line,we should expect more of bullish trend on BTC. Once it didn't break the this current resistant line.we should expect more of bearish trend.
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#leofinance @williamtboy
That's what we are hoping for! Still looking #bullish on the 1 day graph #crytocurrency @oneup #oneup #bitcoin
You are welcome
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Thank you
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