R.ACEACEACE #BITCOIN #BTCUSD #XBTUSD $32,380 BOUNCE TO $44,500
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I believe that if the price does dip lower, $32,380 is a support area with potential to reverse the price and send it upward to $44,500.
As you know, I primarily trade the lower timeframes. I go with the direction the market gives me. I am currently not in a trade and I am waiting for a better opportunity.
I also do not think it is intelligent to short at the current price.
If price fails to reach $32,380, or fails to create support and bounce at $32,380 (on the 6 hour chart), this analysis will become invalidated.
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!
As you know, I primarily trade the lower timeframes. I go with the direction the market gives me. I am currently not in a trade and I am waiting for a better opportunity.
I also do not think it is intelligent to short at the current price.
If price fails to reach $32,380, or fails to create support and bounce at $32,380 (on the 6 hour chart), this analysis will become invalidated.
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!
Order cancelled:
BTC appearing bearish. Closing all position
My technical analysis is lit. Self-made and self-taught. They don't make 'em like me. Beyond T.A. for life. Follow me on Twitter.
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