The sudden buying force poured into BTC and helped BTC escape from the loss of 32000$ zone, this is a sign that there is still a reliable buying power here and it can help BTC rally back to 40000$ zone this June. If successfully conquering 40000$ area, then BTC will form a Double Bottom pattern to strongly increase to 48000$ area, which is considered the strongest and most important resistance of BTC at the moment. But if BTC loses 32000$ zone, it will plummet to 26000$ zone
📈BUY
- Buy : 31300-32700$. SL if B
- Buy : 39000-41000$ if A. SL if B
📉SELL
- Sell : 39000-41000$. SL if A
- Sell : 47000-49000$. SL if A
- Sell : 55000-57000$. SL if A
♻️BACK-UP
- Sell : 31300-32700$ if B. SL if A
- Buy : 26000-27000$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
📈BUY
- Buy : 31300-32700$. SL if B
- Buy : 39000-41000$ if A. SL if B
📉SELL
- Sell : 39000-41000$. SL if A
- Sell : 47000-49000$. SL if A
- Sell : 55000-57000$. SL if A
♻️BACK-UP
- Sell : 31300-32700$ if B. SL if A
- Buy : 26000-27000$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
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.
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.