BTC/USDT Short Term View
Updated
1. Forming a Head And shoulder Pattern within a supply and demand Zone
2. Strong Support at the Bottom with Supply zone Drawn from Bigger TF
3. Short till The base of the Shoulder will give decent Down side , Will bounce back as indicated in the Chart
4. Go long with 20% investment when the BTUSDT is around the support levels of 43075 for better R:R ratio . if it goes below invest 20% at level of 39000 and another 20% at levels of 35150 Levels
Like if you agree
2. Strong Support at the Bottom with Supply zone Drawn from Bigger TF
3. Short till The base of the Shoulder will give decent Down side , Will bounce back as indicated in the Chart
4. Go long with 20% investment when the BTUSDT is around the support levels of 43075 for better R:R ratio . if it goes below invest 20% at level of 39000 and another 20% at levels of 35150 Levels
Like if you agree
Note
Its acting Perfectly . Fell from 46k to 42k will consolidate , and when there is no Buying will fall back to 39K to 35K levels
Demand tarts at around 37500 levels
Note
WOW trade !!PERFECTLY DONE TARGET 1,2,3 NOW MOVING TOWARDS target 4 OF 34893
cheers TO EVERYONE .. MASSIVE FALL FROM
suggest sell cal at 47167 ITS NOW at 38513
buy at 35250 levels
-------------------------------------------------------
LIKE IF YOU AGREE WITH THE FREE ANALYSIS
-------------------------------------------------------
Note
Its a Big Support Zone Zone . It may tun bullish If it consolidates at this level . In weekly Time frame its support of 100 EMA , May bounce back if not more than 34500-35000 is big support Zone , Buy in staggered form .
if breakdown happens next level is 29000
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.