BTCUSDT 58K local resistance is ahead breakout and pump?

Bitcoin / TetherUSBinance

Description

⋅ Nov 29, 2021 7:09 AM

price again is near resistance zones and at previous times we had a correction from these resistance zones.

The main resistance ahead for BTC is 60K$ resistance and the main support is 52K$ support.(daily)

breaking these trendlines here can make price stronger and only after breaking 60K$ price can easily pump and the market is again bullish.

Else we have more range here like previous times.

DISCLAIMER: ((trade based on your own decision ))
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Comments

mohinu2

⋅ Nov 29, 2021 10:03 AM

does really middle trendline work or valid? can i draw trendline like this?

fyllerpa

⋅ Nov 29, 2021 8:16 AM

Winter is coming and BTC loves it. I put my money on a December pump

molbioinfo

⋅ Nov 29, 2021 2:19 PM

If the price went down once again, to touch the bottom (~52K) of the ascending price channel in the daily, we would have a bullish divergence in the RSI. That'd be nice as a recharge to push to the next up target.

Clover_trader

⋅ Nov 29, 2021 12:27 PM

quality.

Time_AOL

⋅ Nov 29, 2021 7:42 AM

Thanks sir...

financier_

⋅ Nov 30, 2021 9:43 AM

52500 ;)

ForexTrendline

⋅ Nov 30, 2021 8:05 AM

Great analysis!

Trader_Ivankov

⋅ Nov 30, 2021 6:54 AM

Great idea!

jojofang0901

⋅ Nov 30, 2021 6:52 AM

very important area to pay attention to, thank you