๐ฅBITCOIN AT $40k - WHAT NEXT??๐ฅฑ๐ค..
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Not a financial advice๐ ๐ผโโ๏ธ
As shown on the chart, we have a successful breakout from the trendline. Therefore, I expect a pullback to $38,000, then a bullish move to $51,000 (if the trendline should serve as support this time)
We have a resistance zone within $40,000 & $41,000 which indicates a good zone to pick a short trade, but we can be sure yet until we see the daily close of the candle if itโs going to be above or below the $41,000 supply zone.
Nevertheless, this upmove is line with my previous idea where I indicated that bear season is over. Take a look at it๐๐
As shown on the chart, we have a successful breakout from the trendline. Therefore, I expect a pullback to $38,000, then a bullish move to $51,000 (if the trendline should serve as support this time)
We have a resistance zone within $40,000 & $41,000 which indicates a good zone to pick a short trade, but we can be sure yet until we see the daily close of the candle if itโs going to be above or below the $41,000 supply zone.
Nevertheless, this upmove is line with my previous idea where I indicated that it seems bear season is over. Take a look at it๐
What do you think?
Share your opinion in the comment sectionโ๏ธ
Follow me to receive more updates on BTCUSDT ( BITCOIN ) ๐ค
Happy Trading๐ฐ๐ฅณ๐ค
Not a financial advice๐ ๐ผโโ๏ธ
As shown on the chart, we have a successful breakout from the trendline. Therefore, I expect a pullback to $38,000, then a bullish move to $51,000 (if the trendline should serve as support this time)
We have a resistance zone within $40,000 & $41,000 which indicates a good zone to pick a short trade, but we can be sure yet until we see the daily close of the candle if itโs going to be above or below the $41,000 supply zone.
Nevertheless, this upmove is line with my previous idea where I indicated that bear season is over. Take a look at it๐๐
As shown on the chart, we have a successful breakout from the trendline. Therefore, I expect a pullback to $38,000, then a bullish move to $51,000 (if the trendline should serve as support this time)
We have a resistance zone within $40,000 & $41,000 which indicates a good zone to pick a short trade, but we can be sure yet until we see the daily close of the candle if itโs going to be above or below the $41,000 supply zone.
Nevertheless, this upmove is line with my previous idea where I indicated that it seems bear season is over. Take a look at it๐
What do you think?
Share your opinion in the comment sectionโ๏ธ
Follow me to receive more updates on BTCUSDT ( BITCOIN ) ๐ค
Happy Trading๐ฐ๐ฅณ๐ค
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