This video is update for previous one. Combination of 2 lows as support zone was worked and bulls came to market after taking the sell side liquidity. Drop-Base-Rally pattern formed and BTC reversed up.
As I told you first target was bearish trendline which now is touched. 2 important zones now you have to watch:
1) Support zone below current price ( Gold, $55,600 - $55900 )
2) Resistance zone above current price ( Red, $59,142 - $60,000 )
As a trader you have to update your drawing after every breakout/touching. Also you can check my analysis in TOTAL + DXY chart for better understand of investing in Crypto Market👇🏽
** Jerome Powell words pushed current daily candle on DXY higher. Hawkish Powell's tone strengthened the US dollar and downgraded stocks / crypto. **
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
As I told you first target was bearish trendline which now is touched. 2 important zones now you have to watch:
1) Support zone below current price ( Gold, $55,600 - $55900 )
2) Resistance zone above current price ( Red, $59,142 - $60,000 )
As a trader you have to update your drawing after every breakout/touching. Also you can check my analysis in TOTAL + DXY chart for better understand of investing in Crypto Market👇🏽
** Jerome Powell words pushed current daily candle on DXY higher. Hawkish Powell's tone strengthened the US dollar and downgraded stocks / crypto. **
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
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.
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.