BTC / USDT
On weekly view BTC is bouncing from 200W EMA and currently is retesting the previous strong S/R
This area mainly for watching
Scenario 1: Breakout
Make strong breakout and close weekly above 36k then we can see new bullish move again
Scenario 2 : bearish retest
If we see strong rejection here with loss of 28k again this time i think we will head much lower levels
Based on reaction here we will know the next move
What do you think the most possible scenario ? Share with us in comment section below
On weekly view BTC is bouncing from 200W EMA and currently is retesting the previous strong S/R
This area mainly for watching
Scenario 1: Breakout
Make strong breakout and close weekly above 36k then we can see new bullish move again
Scenario 2 : bearish retest
If we see strong rejection here with loss of 28k again this time i think we will head much lower levels
Based on reaction here we will know the next move
What do you think the most possible scenario ? Share with us in comment section below
