Bitcoin / TetherLong
KEY LEVELS UPDATE FOR BTCUSDT: 11/30/2023
Indicator recalculated the past 6-period and the results are as follows:
Key confluence areas between 37760 and 37770, and between 37700 and 37670. These are strong areas where price may bounce back and forth until momentum is gathered that is enough to break these confluence areas. At the moment, it is likely to break the 37770 level to form a new higher high and attempt to reach the 37900 level. In the meantime, watch for the price to dip up to the 27550 level, however, if there is not enough buyers, the price could drop to the 37300 level, then it would likely revert to the mean thereafter.
Price may dip and revert once it reached the areas between 37550 and 37700 levels. I would place a LONG position within these levels.
/please DYOR/trade at your own risk
Key confluence areas between 37760 and 37770, and between 37700 and 37670. These are strong areas where price may bounce back and forth until momentum is gathered that is enough to break these confluence areas. At the moment, it is likely to break the 37770 level to form a new higher high and attempt to reach the 37900 level. In the meantime, watch for the price to dip up to the 27550 level, however, if there is not enough buyers, the price could drop to the 37300 level, then it would likely revert to the mean thereafter.
Price may dip and revert once it reached the areas between 37550 and 37700 levels. I would place a LONG position within these levels.
/please DYOR/trade at your own risk
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