BTC failed to hold the $40k line of defense and since then price is in a free fall. Worse yet, BTC just confirmed $40k as RESISTANCE yesterday... not cool bro.
Because of that, the next key support is found in the low $30k...
I warned about this for a while and you can check my previous post linked below 👇
MACD on daily timeframe is firmly bearish now and that will take time/weeks to curve back up. So don't FOMO or hope for a recovery any time soon.
Chart is unbiased and clear. We're in a bearish trend, trade accordingly.
Bias remains bearish. Prepare to buy much lower later on.
Like and follow if you liked my idea!
Because of that, the next key support is found in the low $30k...
I warned about this for a while and you can check my previous post linked below 👇
MACD on daily timeframe is firmly bearish now and that will take time/weeks to curve back up. So don't FOMO or hope for a recovery any time soon.
Chart is unbiased and clear. We're in a bearish trend, trade accordingly.
Bias remains bearish. Prepare to buy much lower later on.
Like and follow if you liked my idea!
Nota
Update 21 Feb
Nota
Update 22 Feb
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.