jazerbay

BTC-USDT *Little analysis based on major trend-lines/FIBS*

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jazerbay Güncellendi   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello there!
I am uncertain of BTCs exact movement, but I am more-so have a bull-ish standpoint!🐮😃

💲On another chart I have published, we have seen a bull-ish break-UP into a more stable zone on Gann-Fan indicator.

💲We have seen support gained at ~50,533.. which makes me believe BTC is going to try to hit back to around the 63-64k area, where it would be wise to then analyze it's behavior again.

💲If this turns bearish 🐻 I am looking for BTC to touch ~42,990 where we will be watching to see if it breaks below that current support zone👀.



💲BTC is very volatile and everything that is going on with the global pandemic, amongst other things, could make for a very dangerous market.

💲BTC is due for a PI cycle correction (meaning we would expect downward movement,) however, the market does what the market wants!!!





I really hope you found this idea any bit useful, and I will continue to monitor BTC's activity as has maintained above 50% dominance in the market despite altcoins making their run 🏃‍♂️🆙. I am hopeful we can continue a bullish market going into this new week!!

Would love to know what YOU think about BTC-USDT, and it's next move...


🐻 or 🐮 and why❓😄







🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑




Thank you so much!!


Any thoughts 💭🤔, questions🙋‍♀️🙋‍♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you!

Jazerbay
Yorum:


*NOTE watch to see if we stay in the light colored Gann Fan zone, interesting!
Thank you.
Yorum:
Are we getting rejected by this 57,5k or gaining support , crucial time for BTC, buy power seams to be decreasing by candlestick visual. Thank you. What do you think😃👋

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.