BTC / USDT
Bitcoin Price is testing strong (weekly) resistance zone in confluence with strong fibonacci level 0.618
In Weekly and monthly charts are looking more bearish in short term
However, in daily time frame .. we have some local Supports like Trendlines in my chart and ma 100 ,,,but we still need to flip 58k-60k resistance zone for a potenial move up to retest of previous ATH or making new high
Altcoins Market :
we can also see now that alot of altcoins are testing strong resistance (market are connected together so take care)
the good news is the dominance of btc is too low in which has less effect on alts than before
My advice :
1- trade with caution
2- For new scalping trades, wait for btc move first
3- For sewing trades focus to buy/add in deep
Dont forget to like my ideas and and follow for more good calls and analysis
Bitcoin Price is testing strong (weekly) resistance zone in confluence with strong fibonacci level 0.618
In Weekly and monthly charts are looking more bearish in short term
However, in daily time frame .. we have some local Supports like Trendlines in my chart and ma 100 ,,,but we still need to flip 58k-60k resistance zone for a potenial move up to retest of previous ATH or making new high
Altcoins Market :
we can also see now that alot of altcoins are testing strong resistance (market are connected together so take care)
the good news is the dominance of btc is too low in which has less effect on alts than before
My advice :
1- trade with caution
2- For new scalping trades, wait for btc move first
3- For sewing trades focus to buy/add in deep
Dont forget to like my ideas and and follow for more good calls and analysis
