BTCUSD - 50 & 100 DAY MA Major Support for now

BINANCE:BTCUSDT   Bitcoin / TetherUS

Lost Key Parabolic Trendline Support. Its debatable how we draw that line but looking at the overall market strucutre, BTC is now taking a pause & is most likely going downward and sideways before the next push higher. 9900-10150 Immediate near term support followed by 9600

If 9600 gives up expecting 8200-8800 Zone as next Key support

11100-11350 is now Resistance

if 50 Day MA & 9600 holds, we can expect one leg up towards 12350++

Lets see how market reacts in this area.
Twitter @tradingroomapp
btc is going to offer one last dip before market explodes upwards..notice that we have a cross on 200 & 350 DMA..i expect a correction for the next month before we start a massive run in September..not shilling btc at all but i strongly believe we gonna see and new ATH by the EOY
+2 Reply
i know it's too early to talk about it but i am curios about parabola breakdown since the move was straight up it might lead to reverses into a straight down move resulting full retrenchment or at least 80% correction.
And you want to buy ETH? jeezzz
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