ArmanShabanTrading

₿ BTCUSDT 1D ₿ : 09.Sep.2021 (Update)

COINBASE:BTCUSD   Bitcoin
Well , Last Analysis is Still valid ... Do you think what scenario is more possible ? Bullish or Bearish ?

Last Analysis : Well, many friends are telling me how you see the status of Bitcoin and ...! Well, considering that it experienced the price of a severe dump and lost its dynamic support, it caused our first view to be negative for the time being, and we consider the first scenario as a corrective ( Bearish ) scenario, and if the opposite is proven, our scenario We will change and update the analysis with an uptrend scenario ( Bullish ) . Well, as we can see on the chart, the price hit 42780 static support after falling and from there it has risen to near 47K , now the 200-day moving average support is at 46090 and the monthly candle support is 46650, if the daily candle is up to 2 hours and Closing above these 2 levels reduces the selling pressure and causes a relative calm in the market (note that the relative calm does not mean moving towards $ 57,000 unless proven otherwise :))))) in case of loss The departure of these supports is the first support 42780 and the second support level 37300 ...

⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 09.Sep.2021
⚠️(DYOR)

📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT

⚜️Send me a DM if you want to join the VIP 👉🏼 t.me/ArmanShabanTrading

▶️ Video Analysis on YouTube : www.youtube.com/@armanshabantrading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.