Abtin00

BTCUSDT, This route can be happen ...

Long
BYBIT:BTCUSDT   BTCUSDT Perpetual Contract
Hello everybody

According to analysis of Decemeber and after that carziest drop we shown on chart the zone that the price can react to them and exactly done until here, and before this rising price we expect the price drop more and do stop hunter then go up but it wasnt happen and now we break the short-term trendline resistance and we reach to the important resistance zone level and now we should be wait because the price is in sensitive area we have 2 important heavy resistance zone the we shown on chart and until the price is not come above that trendline the trend of the market is downward and the bearish are powerful than bullish in market.
According to the momentum of the movement we expect the price at this impact to trendline is not succesful to break and after some drop candle it break this tired market to trend market and the market its ready to go up.
The route that we shown on chart it can be happen exactly like before .

If you have any question or need any help send us messages in private

Previous analysis :






Good Luck
Abtin

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.