Babenski

BTC support levels

Babenski Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC / USDT

quick update for Bitcoin

We are currently testing Support level 59k-58.5k
If we lost this one we will head for the next support level between 56k-55k (strong)
Which is a confluence between 50D MA + 61.8% fibonacci level

We hope dont lose these levels but be prepared for any scenarios

For the bulls... should clear resistances in 62-63k zone for more bullish momentum

Summary :
Strong Bullish above 63k
Good as long as holding 55k
Bearish if breakdown 54k

Please follow propper risk managements
Comment:
BTC testing 1st Support now

Comment:
2nd Support

Comment:
Check next update about BTC here 👇


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