BTC / USDT
On small time frames like 4H
we can see BTC is still holding above 46k5
This area equal 0.382 fibonacci and has a cluster of moving averages
This area also was previous resistance which turned into support
Market is fine as long as btc hold above it and the first targets could be 49k and 51k ..
Invalidation : if btc closed daily below 46k we can see a retest around 42k-40k or even lower
Dont forget to like my ideas for more updates
Stay tuned for next
On small time frames like 4H
we can see BTC is still holding above 46k5
This area equal 0.382 fibonacci and has a cluster of moving averages
This area also was previous resistance which turned into support
Market is fine as long as btc hold above it and the first targets could be 49k and 51k ..
Invalidation : if btc closed daily below 46k we can see a retest around 42k-40k or even lower
Dont forget to like my ideas for more updates
Stay tuned for next