BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC

In case we lose the important (8200-8k) area of support, the above mentioned scenario could happen.
Downtrend until the marked area and a new uptrend from there and rally to the top.

Have this situation in mind as well
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If we loses the support range of (8500)

www.tradingview.com/chart/neekob1D/
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Because the wave ''c'' of (B) is truncated , I expect we have a fast dump to 8300 or lower ...

manage your stop losses
and wait until the pattern completes
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the wave ''c'' of 4 is truncated ... we have a fast dump again to 8300 - 8100 - or lower

 
Comment:
Hello everyone!
Hope all of you are doing well.

I was away from home so couldn’t update the charts, but today I had a quick look and now I can see that we are at the level which I mentioned earlier back on 22nd of March.

Here is a low risk area which we can expect an uptrend in case the market volume rises.

I’m analyzing the market at the moment and I will put up a chart soon but until then, I have a friendly advice:

if you have not sold your #BTC so far, just HODL. This is not a good time to sell anymore and just wait for the increase in prices.

BE WITH US AND TRADE WITH US!

Kindly share this page with your friends to support us.

Good Luck!
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