๐ Bitcoin Analysis & Trading Plan - October 2nd, 2024 ๐ - By Vladimir Ribakov
The latest technical analysis indicates a potential downward movement for Bitcoin in the short term. Hereโs the breakdown:
4H Chart: Bearish divergence
4H Chart: A breakout of the recent uptrend line suggests further bearish momentum.
1H Chart: A bearish trend pattern is emerging, signaling a potential decline.
1H Chart: Watch for bearish reversals around the key Fibonacci levels.
Whatโs your take on Bitcoin? Letโs discuss in the comments below!๐
For more trading insights and real-time education, follow me @vladimirribakov.
#bitcoin #btcusd #forex #trading #forexeducation #forexsignals #tradingtips #marketanalysis #tradingstrategy #hometraderclub #vladimirribakov
Vladimir Ribakov
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๐ Bitcoin Analysis & Trading Plan - October 2nd, 2024 ๐
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