Mahtab_Tradia

BTCUSD Two Different Scenarios

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Price is below the weekly pivot (53920.60) and MACD shows a negative divergence. The Hanging man candle stick pattern has been created and today’s candle is also bearish and below the previous one . I expect the price to fall near the support level around 41,500 and a downside breakout on the bullish trend line and also the support level . We may see a fall around 30,000. On the other hand, we have another scenario: IF price gets rejected by the trend line and the support level , it may rise to 62,000 and the next target can be 66,000. Personally, I’m on the Bearish side for BTCUSD . What is your view?
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Comments

Well done. It looks a great setup.
100 coins
Reply
I am Looking For Buy Set-up
trend is Bullish 🎯🚀
+1 Reply
well done Mahtab :D keep up
+1 Reply
Mahtab_Tradia TheSignalyst
@TheSignalyst Appreciate your support🙏🏻
Reply
Thanks for the analysis
+1 Reply
Mahtab_Tradia FieryTrading
@FieryTrading Welcome 🤗
Reply
I think it will hit the support level at 41k and then go up
+1 Reply
Mahtab_Tradia hocuspocusbro
@hocuspocusbro Very possible👍🏻
Reply
I think, Elon’s head got too big. He should have kept his mouth shut. He thought he could buy the top and keep the rally going lolz. I’ll bet my portfolio not a single board member raised any objection when he brought it up.
+1 Reply
Mahtab_Tradia SwissVegaPhyle
@SwissVegaPhyle lol😄🙌🏻
Reply
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