BTCUSDT Bullish Energy Increasing Here
Hello traders, let’s talk about the bullish momentum coming into BTCUSDT.
BTC’s price recently 🚀 up +2% in less than 15 mins sending price back to 40,000. Typically, a move of such magnitude tends to pullback making higher lows before testing previous highs. This would be a healthy move for the bullish reversal.
Traders should look for the 50 simple Moving Average to hold as support. Price should then push to test the supply zone (421500-44k) above.
This trend analysis is not to be taken as financial advice; always do your research.
Questions are welcome in the comments below.
Please support this idea with your like and comment, thank you 🙏
BTC’s price recently 🚀 up +2% in less than 15 mins sending price back to 40,000. Typically, a move of such magnitude tends to pullback making higher lows before testing previous highs. This would be a healthy move for the bullish reversal.
Traders should look for the 50 simple Moving Average to hold as support. Price should then push to test the supply zone (421500-44k) above.
This trend analysis is not to be taken as financial advice; always do your research.
Questions are welcome in the comments below.
Please support this idea with your like and comment, thank you 🙏
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.