BTCUSD Bearish Analysis For Short Term Analysis

25 Jun 2020

#BTCUSD LTF TA Update:-

#BTC now trading at $9292 which is Resistance in 1 Hours time frame.

I think it will rejected from this resistance level because it would be Re test after break down.

So Seller heavy at this point.

But keep an eye on This Resistance level.
If any 1 hours candle close above 9350$ then bullish for short term.

Support:- $9089/$8710
Resistance:- 9543/9688

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25 Jun 2020

Dagangan aktif

#Bitcoin CME BTC Futures (BTCM20) expiring Tomorrow.

So we can Expecting some high volatility (right at the expiration time or on Monday) since the price of Bitcoin is in the apex of the giant triangle

And $1.8 billion #BTC options are to expire Tomorrow
It will definitely affect the price

The Big Move is right around the corner

So please Avoid Trading with High Leverage 1-2 days .

Happy Trading