BTC/USDT
As mentioned in the previous analysis, the 55,500 range is currently the most important area support, and penetration to this level could make it difficult to continue the short-term trend.
By examining the daily time frame and considering that the price is currently supported above the mentioned range, the above scenario can be considered to continue the trend.
Also, considering the time analysis, if the price stabilizes above the mentioned support within the next 48 hours, the predicted scenario will be more valid.
Accordingly, the announced loss limit in the previous analysis is still valid, and by stabilizing the price below this range, the above scenario will be fielded and we will see the price fall to the two ranges specified on the chart.
To provide a broader view of the current state of the Bitcoin Analytics Market, the Bitcoin Cap and Domain Market and Altcoins will also be reviewed and presented over the next 24 hours.
good luck
As mentioned in the previous analysis, the 55,500 range is currently the most important area support, and penetration to this level could make it difficult to continue the short-term trend.
By examining the daily time frame and considering that the price is currently supported above the mentioned range, the above scenario can be considered to continue the trend.
Also, considering the time analysis, if the price stabilizes above the mentioned support within the next 48 hours, the predicted scenario will be more valid.
Accordingly, the announced loss limit in the previous analysis is still valid, and by stabilizing the price below this range, the above scenario will be fielded and we will see the price fall to the two ranges specified on the chart.
To provide a broader view of the current state of the Bitcoin Analytics Market, the Bitcoin Cap and Domain Market and Altcoins will also be reviewed and presented over the next 24 hours.
good luck
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.