BTC / USDT
Recent move :
1- bulls succeed to broke long downtrend on RSI indicator that started in jan (almost 7 months)
2- The volume is strong
3- Daily chart looking good
this move was expected for us 😉
(We bought BTC at 31400$.. Before 3 days ago)
NOW WHAT NEXT ?
Next resistance levels are 34500$ to 36500$ (mid range resistance) Once we broke and hold we move to 39-41k (upper range resistance)
Support levels : 32k-31k
In weekly chart bulls still have hard work to do
They still have to restore the weekly support which lost last week
And also i would like to see weekly close above 39-42k (major resistance) after that i can say bulls are back
For now i like trading level by level
Dont forget to like my ideas for more analysis and signals ...Keep following for next updates ...
Best of luck
Recent move :
1- bulls succeed to broke long downtrend on RSI indicator that started in jan (almost 7 months)
2- The volume is strong
3- Daily chart looking good
this move was expected for us 😉
(We bought BTC at 31400$.. Before 3 days ago)
NOW WHAT NEXT ?
Next resistance levels are 34500$ to 36500$ (mid range resistance) Once we broke and hold we move to 39-41k (upper range resistance)
Support levels : 32k-31k
In weekly chart bulls still have hard work to do
They still have to restore the weekly support which lost last week
And also i would like to see weekly close above 39-42k (major resistance) after that i can say bulls are back
For now i like trading level by level
Dont forget to like my ideas for more analysis and signals ...Keep following for next updates ...
Best of luck
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