It Can Be Another Wonderful Buy The Dip Opportunity For Bitcoin (BTC)

Hi friends hope you are well, and welcome to the new update on Bitcoin ( BTC ).

**The divergence:
**
There is a big hidden bullish divergence appeared on weekly time frame.
snapshotDown channel:
The prciceline is bounced from the support of a down channel on 4-hour time frame.

SMAs and Another Support:
The priceline has broken down $52900 support and now this level be a strong resistance for Bitcoin . Now the price action has tested strong support of $41330.
The priceline of Bitcoin has broken down EMA weekly but the 50 simple moving average is still not broken down.

**Big bullish harmonic move flashed:
**
On a weekly time frame chart, the BTC has formed bullish Shark . After the completion of the final leg the priceline moved up again, therefore, we can wait for the priceline to move down in buying zone again and then place buy orders accordingly. There is also very strong support at $41330, therefore the price may start a reversal move above this level.

**Buying and sell targets:
**Buy between: $42701 to $36005

Sell between: $48609 to $61939

**Stop loss:
**The maximum extent of the buying zone $36005 can be used as stop loss.

**Possible profit and loss ratio:
**As per the above targets, this trade has a profit possibility of up to 72%, and the loss possibility is 16%.

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You can also support my work at Patreon for more ideas:

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**In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

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Link for Binance exchange, to trade crypto:

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Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.**