BTC QUICK UPDATE!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
As I told you in my previous updates that
52K-53k is a very important resistance zone. If it was not able to break then all this recent rally become just a trap. So far BTC rejected from the 52K zone. So What's next?
Let's get to the chart. BTC must hold the 50k level. If we were not able to hold 50k then the things turn bearish. If BTC breakdown the 50k zone then we are looking for our next support which is at 47k or in any case 47k is also breakdown then 45k is a very strong S/R flip zone. BTC must bounce from this zone.
Right now I'm mostly in USDT and set my bids at the support zones.
As of now avoid leverage trading especially with longs.
If you like this idea then do support with your likes.
It motivates me to work more and more.
Also, share your views in the comment section.
Thank you!
As I told you in my previous updates that
52K-53k is a very important resistance zone. If it was not able to break then all this recent rally become just a trap. So far BTC rejected from the 52K zone. So What's next?Let's get to the chart. BTC must hold the 50k level. If we were not able to hold 50k then the things turn bearish. If BTC breakdown the 50k zone then we are looking for our next support which is at 47k or in any case 47k is also breakdown then 45k is a very strong S/R flip zone. BTC must bounce from this zone.
Right now I'm mostly in USDT and set my bids at the support zones.
As of now avoid leverage trading especially with longs.
If you like this idea then do support with your likes.
It motivates me to work more and more.
Also, share your views in the comment section.
Thank you!
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