Hey guys keep an eyes on the following level as BTC is about to make important decision for the market.
Market still remain inside Ascending triangle with its target well explained on the chart. BTCUSDT Level to watch
Resistance Zone 4130$-4203$, 4423$-4525$ 4695$-4850$ 5021$-5124$ 5400$-5542$
Support Zone: 3915$-3945$ 3615$-3682$ 3525$-3565$ 3300$-3382$
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Here are some of my previous BTC views, it may be useful for us.
On this analysis, I talk about continuation of wave 4 with target at 5k area.
Here I spotted potential cup with handle formation with possible target at 5k zone as well.
Hey guys this analysis so far has been on point with potential targets at 5k as well
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Hello guys we are now approaching our first resistance level at 4130$ please pay attention to this, with all the indicators look perfectly bullish I want to believe we will have serious fight here.
Fingers crossed.
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If we have any sudden breakup this will lead to good rally.
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We hit first leg of resistance at 4130$
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BTC quickly have a re-test on the 4000/4050$ zone and price bounced with long winks, this mean we can have a possible test on other side of the resistance at 4203$.
But, its too early to make decision on this present forming candle let see how it close if close with bullish body then next level is 4203$ and if close bearish we will continue to be falling and the next support level is at 3965$ zone.
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Selling pressure is building high, Oscillating indicator just crossed confirming possible short incoming.
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