BTC/USDT needed a retracement after weeks of a continuous pump.
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
If you like this quick update, follow me to get more updates.
Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
If you like this quick update, follow me to get more updates.
Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
Note
Click on the above chart for the latest BTC update.
Thank you
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Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.