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MMBTtrader
Jan 11, 2022 7:38 AM

BTCUSD Weekly strong support is ahead Β Long

Bitcoin / U.S. dollarBitstamp

Description

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As we can see 40K$ is the main support zone left for BTC and it is strong weekly support too also green trendline that is strong weekly support now is touching and if price respect this support and no breakout here happens we can expect a rise and pump for price or at least range market is ahead.

50% Fibonacci support level now is on 39000$ that is in 40K support zone and make this support stronger so if these supports here break we can expect the correction to the next Fib level that is near 32K$.


DISCLAIMER: ((trade based on your own decision ))
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Comments
UnknownUnicorn31900754
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A new ATH is more than likely for BTC πŸ“ˆ
kimstandgraph
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Well illustrated
LupaCapital
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Great analysis, definitely at an impass vere. Trading either confirm. Thanks for the updates!
AlkalineFX
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Yes, love this!
InkyGrip
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I have the same same same idea on bitcoin.
amirfarah
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great
Lingrid
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super work!)
Serana2324
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Great setup
EliteTradingSignals
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I am expecting the same movement!
SignalProvider
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nice work
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