Like to support and follow for more content!
WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
If we zoom out a little bit, without looking at the lower time frames and patterns, we can see that BTC is going to the broken area 42k-44k. It is in confluence with the 38.2% of the Fibonacci Retracement. After that, we could see another dump as we posted before.
On the other hand, we still have the bullish scenario where we break above 45k and continue to 49k-50k
Support: 30k
Resistance: 40k
Link down below to the analysis made before, same concept but with the MAs.
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
If we zoom out a little bit, without looking at the lower time frames and patterns, we can see that BTC is going to the broken area 42k-44k. It is in confluence with the 38.2% of the Fibonacci Retracement. After that, we could see another dump as we posted before.
On the other hand, we still have the bullish scenario where we break above 45k and continue to 49k-50k
Support: 30k
Resistance: 40k
Link down below to the analysis made before, same concept but with the MAs.
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
