BTCUSDT market tested the previous week's high but then pulled back from the resistance zone around 89,000. On the daily timeframe, the last candle is a doji, indicating a loss of selling pressure. Additionally, it reached the low of the last two weeks, and below this level, there is liquidity waiting to be tapped. Given that the overall market is moving sideways after sell offs, I believe the price may bounce off the PWLs and the psychological level at 80,000 towards the 85,000. Overall, I expect the monthly candle to close as a doji as well. My goal is resistance zone around 84,000Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.