BINANCE: BTC/USDT
//www.tradingview.com/x/Vzgg6zNI/Hi guys,
yeah, we were right, Again!
Price moved above 34700 and pumped well to 35700. currently after breaking out of this resistance level (cup pattern) we can see S/R flip test going on. by a successful test we can see price move another leg up to 37k and there is a chance to touch two bonus targets in 39k and 41.5k. but first, weed a confirmation about the test. if price managed to close a 4hrs. candle above green level we can consider it a successful test. in case of failure we can move back down to 33k, even 30k.
Mean while dominance broken 69.5 level again and going to test it. successful test will bring increase in dominance and if BTC price dropped, alts will bleed hard.
Stay tuned and focused. No panic sell, No fomo.
You know what to do if you see and agree with this idea ;)
Sincerely yours
Ehsan
Trade active
Yeah, that's rightTrade active
37k Done! waiting for another leg up after consolidation
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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.