Here is the latest update for you panda fam base daily timeframe ! 🐂
With just a quick glance at the chart, you already know what can happen 😉 You are simply distracted with noise on lower timeframes while settling whether to sell your holdings, but you should try backtest this data using the most recent bull run from 2020.
The PBr keylevels + Price Action...
Still we are on sideways and on PBr resistance at 71.5k playing but sooner bitcoin will make some breakout and that will be our first confirmation on next impulsive move.
Ideal buy zone above white box keylevel.
Red line will be invalidation of analysis.
White lines above are target above recent resistance will be final target lower line for partial exit.
Bitcoin weekly AOV (Area of Value).
Yellow - Strong S/R
Cyan - Healthy S/R
Red - Weak S/R
Gray - Last S/R
Currently bitcoin break below strong S/R next testing the healthy S/R. Hoping for bounce like recent rally from May - July 2021.