Analysis of #BTCUSD
bitcoin found buyers below 40k and this indicates we might be rallying from here to retest the area near 45k-46k
as you can see we have an ABC correction pattern and after that, the market formed a small uptrend and now we are testing those trend line support which represents a good buy.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
bitcoin found buyers below 40k and this indicates we might be rallying from here to retest the area near 45k-46k
as you can see we have an ABC correction pattern and after that, the market formed a small uptrend and now we are testing those trend line support which represents a good buy.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
