BTC/USDT (17k Dollars Potential Support Area)
💎Technical Analysis Summary💎
BINANCE: BTCUSDT
-BTC found resistance just above the reverse Fib level 3 resistance area
-The price fell back to reverse Fib level 2 and potentially acting as an initial support zone
-If BTC will come back down and confirms another bounce reaction
-This will give us a strong bias that 17.3k is our potential key support in this uptrend
-I'm expecting Bitcoin to consolidate above the 17k dollars area for the next few days
-I'm hoping Altcoins will start recovering once BTC starts to cool down from its parabolic move up
-Please don't use High Leverage when the market is too volatile
-Zoom out to a higher timeframe and look for potential swing positions
-Sitting in cash is also a position if you are waiting for a good quality trade
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
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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
-BTC found resistance just above the reverse Fib level 3 resistance area
-The price fell back to reverse Fib level 2 and potentially acting as an initial support zone
-If BTC will come back down and confirms another bounce reaction
-This will give us a strong bias that 17.3k is our potential key support in this uptrend
-I'm expecting Bitcoin to consolidate above the 17k dollars area for the next few days
-I'm hoping Altcoins will start recovering once BTC starts to cool down from its parabolic move up
-Please don't use High Leverage when the market is too volatile
-Zoom out to a higher timeframe and look for potential swing positions
-Sitting in cash is also a position if you are waiting for a good quality trade
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
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.