BTC/USDT (Daily 50MA Good Support?)
💎Technical Analysis Summary💎
BINANCE: BTCUSDT
-Bitcoin almost touches the daily 50MA support area
-The Bulls bought the dip and bounced up to a 17% increase
-BTC is now testing the midline of this descending channel
-If Bitcoin will just trade above the 31k area in the next few days
-I'm expecting the 50MA will catch the price and hopefully act as support again
-Basically, we will be having the sideways market condition
-Which will definitely benefit the Altcoins in the coming days
-But do not let your guard down because the Bears may enter the market
-And send the price back to the 29k area or even lower
-So please don't forget to place your stop-loss
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to Dinore 🙏🎉
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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!😊💕💖
``````````````````````````````````````````````
BINANCE: BTCUSDT
-Bitcoin almost touches the daily 50MA support area
-The Bulls bought the dip and bounced up to a 17% increase
-BTC is now testing the midline of this descending channel
-If Bitcoin will just trade above the 31k area in the next few days
-I'm expecting the 50MA will catch the price and hopefully act as support again
-Basically, we will be having the sideways market condition
-Which will definitely benefit the Altcoins in the coming days
-But do not let your guard down because the Bears may enter the market
-And send the price back to the 29k area or even lower
-So please don't forget to place your stop-loss
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to Dinore 🙏🎉
``````````````````````````````````````````````
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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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.