P_S_trade

BTC - 6h. The mark of $40,000 is still neutral.

BITSTAMP:BTCUSD   Bitcoin
Good morning, colleagues!
The weekend passed, and while we were resting, The picture did not become clear on the BTC chart:
-Sellers perfectly closed the Saturday daily candle, but could not take advantage of it.
-Weekly candle closed with a great prospect of the historical high update.
-Panic BTCUSD sales during the price fall was not noticeable
-While BTC is being corrected, other coins shoot successfully (ADA, DOGE, MATIC
, SXP).
-If the current 12 hour candle closes in the range of $38,800-39,000, the next half of the day the BTC price will actively grow with the first target of $40,000. Next, we will look at how aggressive sellers are in this mark and whether the correction to $35,000 is possible.
-critical point of the current buyers' counter-attack is the range of $38,000-38,300. Having fixed below, sellers push the price up to the range of $35,000-35,700.

A profitable week and a great mood)
________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!

🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade

🔥V-I-P cutt.ly/PwkLhT56

👍Crypto activities and free💲 cutt.ly/0w9VqL2X

💰Trade here + take Bonuses linktr.ee/ps_trade

🔵Telegram t.me/pstrade_eng
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.