Hi everyone
BTC price stopped dropping below the yellow trend line as I expected in my last update.
now we can expect a limited move upward to touch the long term trend line (blue) again to
complete a M pattern, after that may drop towards our mid term trend line(yellow) one more time.
so seems price trapped between this two important lines for a while.
as I mentioned in my last BTC publish technically BTC must be bullish but if any abnormal happening
occur through the market all market will drop again so...
dropping below the yellow trend line and 39000$ support level is bearish. Lets see
Enjoy the market
BTC price stopped dropping below the yellow trend line as I expected in my last update.
now we can expect a limited move upward to touch the long term trend line (blue) again to
complete a M pattern, after that may drop towards our mid term trend line(yellow) one more time.
so seems price trapped between this two important lines for a while.
as I mentioned in my last BTC publish technically BTC must be bullish but if any abnormal happening
occur through the market all market will drop again so...
dropping below the yellow trend line and 39000$ support level is bearish. Lets see
Enjoy the market
Dagangan ditutup: hentian tercapai
stop hit so need to stop buy trading unless move back above our yellow trend lineor above 39K resistant level again.
Nota
important support levels.
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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.