Welcome members to this update on
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
In our previous update, I mentioned the possible chances of rejection from the $42.4k resistance level and we saw the rejection up to $40.5k resistance, and then currently we can see a big jump trying to break the $42.4k ceiling. If this time BTC manages to break through it then breaking above $43.5k won't be far away. As BTC is trying to break above the resistance level, we also need to be careful regarding its chances of getting rejected. If at all BTC fails to break above the $42.4k resistance then we can expect BTC to drop towards $41.2k to $40.2k.
So guys, let's be extra cautious here.
If you like my idea then do hit the like button and comment your views.
I'll see you on my next update.
Thank you.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
In our previous update, I mentioned the possible chances of rejection from the $42.4k resistance level and we saw the rejection up to $40.5k resistance, and then currently we can see a big jump trying to break the $42.4k ceiling. If this time BTC manages to break through it then breaking above $43.5k won't be far away. As BTC is trying to break above the resistance level, we also need to be careful regarding its chances of getting rejected. If at all BTC fails to break above the $42.4k resistance then we can expect BTC to drop towards $41.2k to $40.2k.
So guys, let's be extra cautious here.
If you like my idea then do hit the like button and comment your views.
I'll see you on my next update.
Thank you.
