#BTCUSDT The bottom is in????

15 May 2022

BTCUSDT
2 Day Chart:- 28.8k is holding so far which also happens to be the most important support level.
The previous candle left a wick and got back into the channel.
I still believe this could be the bottom.
Only losing the $28.8k level would be bad for BTC and we could see another low below the $23k area. But this mpve will break the pattern.
All eyes on weekly close now.
We could see some sideways consolidation for the next few weeks.
What's really important is to hold this green zone for BTC.

This is not a financial advice , these are just my own observations.
So, DYOR before taking any trade decisions based on my charts.
Let me know what you think in the comment section.
Do hit the like button if you like my updates.

Thank you


#PEACE

Stay safe

18 May 2022

İşlem aktif

#Bitcoin :- No changes. BTC has previously consolidated for 4 to 8 weeks on this trendline. Expecting the same for any move to the upside unless the support gets broken.
Am on vacation but will keep posting important updates here.

19 May 2022

İşlem aktif

#BTC $32k is the trigger point.
Keep an eye on it. BTC needs to get above the red zone.