Today's BTCUSDT idea is a continuation of the idea we published last week, and its logic works well.
Probably yesterday, the formation of the B wave was completed, which means that we can more accurately calculate where the C wave will end its fall
In our opinion, the price range of $22030-22230 can be considered as a zone of probable completion of the Bitcoin price drop. That is, in this zone, you should cover short positions, and you can also try to open long positions with relatively short stop orders.
And then follow the nature of the BTC price rebound, of course, if it happens :)
After all, if you remember from our previous ideas, the powerful liquidity zone is much lower.
In general, we recommend subscribing to us, because we release a lot of ideas for different coins and, most importantly, we keep a logical series of ideas that continue each other.
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Probably yesterday, the formation of the B wave was completed, which means that we can more accurately calculate where the C wave will end its fall
In our opinion, the price range of $22030-22230 can be considered as a zone of probable completion of the Bitcoin price drop. That is, in this zone, you should cover short positions, and you can also try to open long positions with relatively short stop orders.
And then follow the nature of the BTC price rebound, of course, if it happens :)
After all, if you remember from our previous ideas, the powerful liquidity zone is much lower.
In general, we recommend subscribing to us, because we release a lot of ideas for different coins and, most importantly, we keep a logical series of ideas that continue each other.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Note
Buyers managed to keep the price above the critical level, above $23,000The price may continue to rise to $24,000 in the coming hours.
However, the threat of a price drop to at least $22000 still remains
Trade active
$24000 done ✅and now can start moving towards $22000
Trade closed: target reached
Where to next?Today we will publish a new idea for BTCUSDT
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Disclaimer
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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.