Updated

#BTCUSDT Monthly close Incoming! What to expect?

Welcome to this Multi time frame extensive analysis on BTC.

Still choppy PA below the 39k range.
Needs to get above that range to be bullish again in the mid term.
So far Bulls are doing just fine.
Waiting for the daily close.

Monthly also closes in just few hours.
I'll post next BTC Chart after monthly close.

The main question is are going to hit the $30k again?
IMHO, as long as we stay above the $36.7k range, we are likely to break this resistance ..
A close above the range confirms the bullish uptrend and a possibility of a new ATH.
I'll share few more charts below this analysis.
Hope it's helpful for you, if it is do not forget to hit the like button and share your views in the comment section.

Thank you

#PEACE

Stay tuned

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BTCUSDT (Weekly)
Bounced right off the 100EMA weekly.
Nice 2 green candles, exactly what the bulls needed.
We have to be patient though.
The possibility of a new ATH will be there on a close above $51k which also happens to be the blue MA.

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BTCUSDT 3hour Chart:- Although things look quite good in the short and the mid-term. As a trader, your first job is to keep the emotion aside and look at the charts without any bias. Currently, BTC is hitting the resistance.
If you look at that triangle it looks like a retest.
However, all we need is a close above it , since we have seen many times a support or a pattern is broken to the downside and then within a few hours, it gets backs into the pattern as well as the support.
This is why I call it choppy PA.

So be careful before opening long.
Only on a green cancel close, this level will trigger a long entry.

Stay tuned and do hit the like button if you want me to post more of these updates.

Thank you

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BTCUSD (MONTHLY):- Just 5 hours and 40 minutes left for the monthly close.
This is a sneak peek at my latest extensive monthly chart that I'll be posting in a couple of days only if this analysis hits 200 likes.
It opens many secrets that are hidden.

Hope you support my content..
Thank you

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BTCUSDT:- It's a. bit tricky situation here. Holding $38k is good for bulls.
If you look at the triangle it has broken out but considering the black trendline, it looks like a retest to me.
You gotta be careful with your positions.
I'll wait for the daily close above for going long
To much f% in the market, better to wait for the right time.

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#BTC Bearish! Unless it gets above that red zone.
The pattern has completely broken the downside.
Let's see how the daily closes.
Daily needs to hold the $38k level. Only some fc#kry can save BTC now which we can always expect! For now, am simply bearish tbh.

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#BTCUSDT Retest complete ? or More corrections ahead ? PART II

CLICK ON THE ABOVE CHART TO READ THE LATEST ANALYSIS ON BITCOIN.

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