Hello guys today i'm gonna analysis BTC/USDT pair with daily time frame.
1) We can see price have some consolidation area around this range (33K - 41K).
2) Price also formed Bearish Rectangle and now testing previous Support level (33K) and if we lose support we can go down 22K.
3) I also look out EMA (50 Day And 200 Day) and if 50 Day EMA cross 200 Day EMA, its mean we have Dead Cross and we can expect big correction to the down side, and it's already happened.
1) We can see price have some consolidation area around this range (33K - 41K).
2) Price also formed Bearish Rectangle and now testing previous Support level (33K) and if we lose support we can go down 22K.
3) I also look out EMA (50 Day And 200 Day) and if 50 Day EMA cross 200 Day EMA, its mean we have Dead Cross and we can expect big correction to the down side, and it's already happened.
Not
Dead Cross already happened, big correction on the wayNot
Guys Drop Coming Be CarefulNot
BreakDown and Candle is closed beyond Bearish Rectangle.This is a confirmation for DownTrend Target 22K...Be Ready
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.