We are about to cross the 0.618 $46,669 and encounter the next resistance $46,866. Potential rejection or it can be a next rally to the upside.
1D Time-frame
We are ready for a massive drop but if the supply zone breaks this can be the next rally to the upside. Demand zone is holding up 0.236 $45,137
4H Time-frame
Triple top will be super bearish if we get a rejection in the supply zone we can expect more to the downside. If we break the supply zone We can create a new high.
1H Time-frame How to trade BTC short position entry $46669 entry $47342 SL 1-5% $48318 leverage 20x TP 1 $46195 TP 2 $45722 TP 3 $45137 TAYOR DYOR NFA
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.