#BTCUSDT TA update:-
BITCOIN currently trading at $55000 level.
Short term bullish in small time frame but Big time frame #BTCUSDT bearish.
After Brokeout $59000 BTC sharp dumped till $51300
This is also very important level.
After dump some recovery in btc but I am expecting this is retest level.
Retest level:- $57000-$59242
After this we can see 2 scenarios:-
Scenario 1st:-
After retest we can see again Big dump till $44000 as per TA analysis.
Scenario 2:- If any daily candle close above $60000 then Again we bullish because this is very strong resistance level.
Again I suggest you Don’t trade blindly always trade after confirmations.
Support:- $50806/$44262/$37462
Resistance:- $60000-$61000/$65000
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BITCOIN currently trading at $55000 level.Short term bullish in small time frame but Big time frame #BTCUSDT bearish.
After Brokeout $59000 BTC sharp dumped till $51300
This is also very important level.
After dump some recovery in btc but I am expecting this is retest level.
Retest level:- $57000-$59242
After this we can see 2 scenarios:-
Scenario 1st:-
After retest we can see again Big dump till $44000 as per TA analysis.
Scenario 2:- If any daily candle close above $60000 then Again we bullish because this is very strong resistance level.
Again I suggest you Don’t trade blindly always trade after confirmations.
Support:- $50806/$44262/$37462
Resistance:- $60000-$61000/$65000
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Related publications
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.