BTC just got rejected at $48000 zone and it is falling sharply from there as a result. The first target of this drop is the $40000-42000 zone, this is an important support where we can buy BTC with a fairly low risk because if it holds this zone then BTC will rise again to break the $48000 zone and rally sharply in the near term with the highest target at the $70000 zone. However, if BTC loses the $40000 zone then BTC will officially fall into the bear trend and most of the market will fall so hard that we should not hold anything but USDT to preserve assets.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 40000$ zone
🔴Buy : 42000 - 40000
🔴Sell : 48000 - 54000 - 62000 - 70000
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 40000$ zone
🔵Sell : 40000
🔵Buy : 34000 - 30000
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section