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PolarHusk
May 5, 2021 6:01 PM

BTC/USDT (New Short-term Key Support?) 

Bitcoin / TetherUSBinance

Description

💎Technical Analysis Summary💎



BTC/USDT

-The bulls entered the market with a good bounce back above 0.5 Fib level
-We still have 6 hours left before the daily candle closes
-And if the bulls can maintain above 55k dollars, that is a good sign
-Especially we are seeing good news in terms of fundamentals about Bitcoin & Altcoins
-We are large-cap altcoins are performing well for the past few days
-This is because the BTC Dominance keeps printing lower lows
-And Bitcoin is expected to move sideways within a range for May
-I think we will have another good altcoin season for a few weeks
-But we can not let our guard down, we need to consider the bearish scenarios as well
-I'm eyeing a few altcoins which have not created any significant move yet
-If the market condition will be in our favor this month
-I'm expecting these potential coins can big percentage gains within few weeks
-Alright, Have a nice day and stay safe!



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Comments
davka75
what are those altcoins that u are looking it. Will appreciate a lot
PolarHusk
@davka75, I like to keep it private, message me :)
davka75
@PolarHusk, just send you a msg! Tnx
Helical_Trades
Nice chart here
caldooninvestment
Great call dear!
hahhHq
Dodo you feel the little earth quake 🌍 that just happened. You can see how fragile is the market for only a minute there was a big decline and a little panick.
UnknownUnicorn4127247
exceptional work you are doing
striker557
nice polar 👍
InkyGrip
great 🦐
Behdad1985
Tanks for sharing, as it turns out, we have to wait more to find market direction
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