#BTC despite being positive, stay careful

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin may remain bullish until it has fallen below support for 4075, now we are trying to overcome the resistance voiced earlier and if the bulls have enough strength, then we can get the formation of movement closer to the range of 4600-4700. In case of leaving below, the main thing is to stay in the ascending channel , or at least not to go below the tight support of 3940.
If before the start of the new week the price does not demonstrate any positive impulses, then it is probably better to consider entering Fiat for some time.
Trade active:
Still inside the uplink. Breakdown of local resistance will determine the ability of the market to move higher. Stoch RSI indicates an asset’s desire to test the resistance range of 4400-4330. If support for 4075 does not hold up the price pressure, then BTC could get a negative scenario of price movement.
Important and tight supports were punched. At the moment we are inside the triangle, where a new important and tight support will be found near the level of 3900. You can see that the market is testing the lower edge of the pattern. At the moment there are no serious reasons for alarm, as long as the price is near the lower edge, we have the opportunity to bounce and form movement to its upper edge. Fixation above the level of 4075, will also indicate a further upward movement.
I didn't even spot the channel. Good find!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out