Hello all traders, long time no see. How are you doing.
Today, I want to show my idea about BTC's movement in next several weeks.
The chart show us 3 situations:
- Situation 1: I believe that you expect it happen soon. With this situation, BTC retest successfully strong support (29,000-30,000), it breaks previous resistance (42,000-45,000) and toward to 75,000.
- Situation 2: BTC also retest successfully at strong support (29,000-30,000), but failed at next resistance (42,000-45,000) and drop back to 20,000.
- Situation 3: BTC can not pass 50,000 and drop back to 200,000.
For any situation, BTC must reduce to 29,00-30,000. This is key level so that I recommend that we should waiting for price back to here and observe its reaction here and make reasonable decision.
For any update, I will inform immediately.
Feel free give me comments, likes and feedbacks.
Today, I want to show my idea about BTC's movement in next several weeks.
The chart show us 3 situations:
- Situation 1: I believe that you expect it happen soon. With this situation, BTC retest successfully strong support (29,000-30,000), it breaks previous resistance (42,000-45,000) and toward to 75,000.
- Situation 2: BTC also retest successfully at strong support (29,000-30,000), but failed at next resistance (42,000-45,000) and drop back to 20,000.
- Situation 3: BTC can not pass 50,000 and drop back to 200,000.
For any situation, BTC must reduce to 29,00-30,000. This is key level so that I recommend that we should waiting for price back to here and observe its reaction here and make reasonable decision.
For any update, I will inform immediately.
Feel free give me comments, likes and feedbacks.
Note
BTC is moving as my plan. Note
BTC is moving as my plan, back to 29-30. 
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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.
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.