FTX:BTCUSDT   Bitcoin / USD Tether
these last few weeks played out real weird

see the weekly closed above the highest white line @ 57,600 and fell all the way down creating the strongest support/resistance I've ever seen on btc @ 45,750

the weekly closed under the resentence of 46k on purpose then rushed up to 50k

i see it hitting the orange line and falling past its initial close under 45k by end of week

if that happens we will see 38k




--- if your a bull ----

weekly has to keep its support above 46k if it closes under it... its going back to 38k

if next week we close above the orange line there's a very high chance we fly to 80k

remember the white lines there important as well!!!
Comment: weekly closed above all resistances gg bulls, 80k here we come

we closed at 60k then retraced perfectly to 53k
Trade active: btc is taking its sweet time......
Comment: gg up we go, 80k is the minimum it will touch

100k+ is inevitable

trade safely please
Comment: weekly support is at 55k if we ever close under 55k on the weekly, 47k will be inevitable

NO HIGH LEVRAGE TRADES!!!
Comment: btc will not go up until the weekly closes above $65,000

if your short or decide to go short,
tp 1 @ 55k
tp 2 @ 53k
tp 3 @ 45k-47k

good luck

Comments

also why are you disregarding a 42k support level?
Reply
Jack-Strainer more_time
@more_time, the last known support is 43,341 if this breaks the next support is at 39,300 - 38,000
Reply
you are on 12hr on your chart is that correct?
Reply
Jack-Strainer more_time
@more_time, yes correct
Reply
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