#BTCUPDATE - 29.5.21
#BTCUPDATE - 29.5.21
BTC updates will carry a couple of more in depth scenarios for BTC plays that will help you adjust strategies accordingly dependant on BTC's movement.
BTC's weakness since the 27th has continued - this has had some poor timing with fighting to break resistances and options expiration that often adds to volatility.
We are coming down to a couple of quite key trendline supports. There are Bouncing off 33k will likely see a push up to 38k to 38.5k region in the ranging area.
Losing 33K will see scenario to and a pretty sure shot to 30k which is a still a very strong support - will see a very likely break down to 25k.
Usually after bearish weekends - Monday bring pretty strong buy backs which suggests bounces happening from either scenario 1 or 2.
BTC updates will carry a couple of more in depth scenarios for BTC plays that will help you adjust strategies accordingly dependant on BTC's movement.
BTC's weakness since the 27th has continued - this has had some poor timing with fighting to break resistances and options expiration that often adds to volatility.
We are coming down to a couple of quite key trendline supports. There are Bouncing off 33k will likely see a push up to 38k to 38.5k region in the ranging area.
Losing 33K will see scenario to and a pretty sure shot to 30k which is a still a very strong support - will see a very likely break down to 25k.
Usually after bearish weekends - Monday bring pretty strong buy backs which suggests bounces happening from either scenario 1 or 2.
İlgili yayınlar
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.
İlgili yayınlar
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.