BITCOIN MADE CORRECTION TO 41500$ AND NOW READY DECLINING LOWER
Hello my friends, today I want to talk with you about BTC .
The price bounced upward to resistance zone around 41k and now back below this level, I'm waiting for next declining lower.
At this moment BTC price moving like we expected.
Price exit downward from triangle.
Then price breakdown upward trend line and fall almost to 39000 USD.
Then price made correction to 41-42k and now againg trades below 40.000 USD.
I'm expect next declining to our second target at 37.000 USD
I dont think that btc from first time will break this level so we will see at least pullback from 37k.
But if price will fall lower 37k we can see 33-34k as support and 3rd target.
To be on the safe side, I recommend to put stop loss above 41750 $
My postion was opened around 44500 so SL in any case in profit.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
The price bounced upward to resistance zone around 41k and now back below this level, I'm waiting for next declining lower.
At this moment BTC price moving like we expected.
Price exit downward from triangle.
Then price breakdown upward trend line and fall almost to 39000 USD.
Then price made correction to 41-42k and now againg trades below 40.000 USD.
I'm expect next declining to our second target at 37.000 USD
I dont think that btc from first time will break this level so we will see at least pullback from 37k.
But if price will fall lower 37k we can see 33-34k as support and 3rd target.
To be on the safe side, I recommend to put stop loss above 41750 $
My postion was opened around 44500 so SL in any case in profit.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
