💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin broke its minor support at 54k dollars from my previous post
-The price touches the 50D MA dynamic support again since January 27
-if history repeats itself, BTC might retest the trendline resistance
-But if the Bears can maintain its current momentum
-I think we will have to watch the 45k major support in the coming days
-This downside correction will print another -12% move
-And will cause deeper correction for most Altcoins
-Please be careful, make sure you have proper risk management in times like this
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BTC/USDT
-Bitcoin broke its minor support at 54k dollars from my previous post
-The price touches the 50D MA dynamic support again since January 27
-if history repeats itself, BTC might retest the trendline resistance
-But if the Bears can maintain its current momentum
-I think we will have to watch the 45k major support in the coming days
-This downside correction will print another -12% move
-And will cause deeper correction for most Altcoins
-Please be careful, make sure you have proper risk management in times like this
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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