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MMBTtrader
Apr 11, 2021 6:23 AM

BTCUSD is looking for new ATH or again correction is ahead ?Β 

Bitcoin / TetherUSBinance

Description

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As we can see bitcoin break resistance at 60K and now it turns to support so this green rectangle on chart is am important support zone that if it hold we may expect new ATH as soon as possible and numbers we are looking for :
ATH:
A.65000
B.67000(based on fibo)
C.73500(based on fibo)

the price fall and receive previous support that we talked about (black rectangle on chart):

so for now we may have correction or breaking black zone and reaching new ATH as explained .

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments
malapapachan
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Thank you for your chart and comments, however after trading for many years I have come to the conclusion that it's virtually impossible to predict the market. So, I really don't understand why experienced traders still wish to share their sentiments? Indicators and charts are peddling a false sense of security. The only thing you need in trading is:-
i) don't be greedy ii) be disciplined and talk to the market everyday, get a feel of it iii) have nerves of steel
TR7z
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great TA as always,my view
MMBTtrader
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@TR7z, most welcome thanks for sharing
shshemul411350
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Nice
Simonds_abraham
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Good
john_markwah
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amazing content as always, thanks
arashk_trade
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πŸ‘πŸ‘πŸ‘I agree with you.πŸ‘πŸ‘πŸ‘
MMBTtrader
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ProSignalsFx
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Yaah, I comepletely agree with you!I think BTCUSDT is Bullish
lekzhy
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awesome analysis, thank you
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