BTC might drop here in price evaluation due to fall in volume, which may mean reversal. Could see a drop to the 20EMA on the 1hrly (roughly around the 1 on the fib retracement) OR a drop to the YELLOW resistance trend line formed on the daily that we broke through recently.
Either way, we could see a retest and then a easy bounce up to around 47k due to lack of visual range volume traded around this range.
I will be activating my long around the $41.5k USDT and ride it all the way to the top with 10x leverage and a stop loss of 41k. 🚀🚀🚀🚀
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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.