BTCUSDT $24950 Quick Update June15 2023
The directional trend is being controlled by bears
Price is facing a trendline support from the low 16k
A temporary test for both bulls and bears.
Targets remain the same
24k(0.382fib) & 22k(50% retracement)
Now, 26.3-26.6k will flip as resistance if bulls attempt to pull back up.
Bears need to make sure to asjust SL at 28.5 stay away from any short squeezes.
Spot buy support 22-20k and will reevaluation after getting more details
The directional trend is being controlled by bears
Price is facing a trendline support from the low 16k
A temporary test for both bulls and bears.
Targets remain the same
24k(0.382fib) & 22k(50% retracement)
Now, 26.3-26.6k will flip as resistance if bulls attempt to pull back up.
Bears need to make sure to asjust SL at 28.5 stay away from any short squeezes.
Spot buy support 22-20k and will reevaluation after getting more details
