Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update.
BTC got rejected from the $42,500 level and once again dipped below $40k. But the good thing is that we get a daily close above $40k. As long as BTC holds the
39K-$40k level in the daily chart, it looks good to me.
According to this 4-hour chart, after breaking out of the falling wedge-like structure BTC comes for a retest. Bouncing from the green zone after touching it. I'm expecting a good bounce from here and again it is going to test the
42K resistance.
Invalidation Level:- If any 4-our candle closes below $38,500
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC/USDT update.
BTC got rejected from the $42,500 level and once again dipped below $40k. But the good thing is that we get a daily close above $40k. As long as BTC holds the
39K-$40k level in the daily chart, it looks good to me.According to this 4-hour chart, after breaking out of the falling wedge-like structure BTC comes for a retest. Bouncing from the green zone after touching it. I'm expecting a good bounce from here and again it is going to test the
42K resistance.Invalidation Level:- If any 4-our candle closes below $38,500
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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.