BTC/USD (Consolidation @ 40k Dollars)
💎Technical Analysis Summary💎
BITSTAMP: BTCUSD
-Bitcoin still following the upside trend
-Right now, the price is currently consolidating around 40k dollars
-BTC needs to defend the immediate 40k dollar support
-This is the confluence of local support between Bull and Bear
-The 20ma is now approaching the price which can act as a dynamic support
-Trading priority is still up as long as important levels are holding
-I expect Bitcoin to consolidate here for the next 24-4hours
-And if we see an upside breakout, the target is the Fib 1.618 - 2.0 Fib extension resistance
⚠️Please always read the description⚠️
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BITSTAMP: BTCUSD
-Bitcoin still following the upside trend
-Right now, the price is currently consolidating around 40k dollars
-BTC needs to defend the immediate 40k dollar support
-This is the confluence of local support between Bull and Bear
-The 20ma is now approaching the price which can act as a dynamic support
-Trading priority is still up as long as important levels are holding
-I expect Bitcoin to consolidate here for the next 24-4hours
-And if we see an upside breakout, the target is the Fib 1.618 - 2.0 Fib extension resistance
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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Disclaimer
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Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.