BTC/USDT (58k Dollars New Resistance)
💎Technical Analysis Summary💎
BTC/USDT
-58k dollars is our new resistance area to break Higher High
-Bitcoin is retraced by almost -20% from the top
-Looking at the daily time frame, the 20MA support is tested
-We can see a strong rebuy opportunity by the Bulls
-If the Daily candle will remain above the 20MA support area
-I think we are safe for now and expect good recovery in the next few days
-But looking at the previous consolidation range
-The moment Bitcoin tested the 20MA, it consolidated for 9 days
-Before deciding to lower and tested the 50MA on the daily time frame
-If this history repeats itself, we will like to consolidate it for more than a week
-This will be our good chance to rebuy some strong altcoins
-And expect another upside continuation provided Bitcoin will not drop to lower low
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
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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!😊💕💖
``````````````````````````````````````````````
BTC/USDT
-58k dollars is our new resistance area to break Higher High
-Bitcoin is retraced by almost -20% from the top
-Looking at the daily time frame, the 20MA support is tested
-We can see a strong rebuy opportunity by the Bulls
-If the Daily candle will remain above the 20MA support area
-I think we are safe for now and expect good recovery in the next few days
-But looking at the previous consolidation range
-The moment Bitcoin tested the 20MA, it consolidated for 9 days
-Before deciding to lower and tested the 50MA on the daily time frame
-If this history repeats itself, we will like to consolidate it for more than a week
-This will be our good chance to rebuy some strong altcoins
-And expect another upside continuation provided Bitcoin will not drop to lower low
⚠️Please always read the description⚠️
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
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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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.
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.