DDDiving1993

A risk for the price of BTC in Sep?

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is still in the channel, the latest pressure will be the upper line of the channel, which is around 51000-52000. When it breaks out the channel, the pressure will be the support. But now 4h ROC shows there is a chance that BTC begins to go down to seek for support, also, 4 hours divergence shows a high risk. there could be a double divergence if there is no much change of the price in next few 4h.

First resistance: 52000 (upper line of the channel)

First support: 462xx (lower line of the channel + 0.236Fib)
Second support: 43xxx
Third support: 40xxx(1D Vegas Tunnel)

The smart operation would be reducing the leverage, and wait for the response of the market.

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.