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SwallowPremium
May 28, 2022 11:55 AM

BTC/USDT key level is about to be broken? Long

Bitcoin / TetherUSBinance

Description

Hey traders,

Lastly we have been looking at our BTC. Many FOMC meetings have been going on lately and BTC is still going sideways. Once we break from this $28300-$30500 then the real action is going to happen.
There are many great news surrounding Crypto market but the fear is big as well....let's see what will happen. Upcoming week is going to be interesting

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Yours Sincerely,

Swallow Team


Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Comments
akhan3767
I think it would go up to 33-34k level and then dump down to 20k but it would take 2 weeks atleast, the downtrend is too strong
SwallowPremium
@akhan3767, We see the same outcome for the BTC. Volume is not the same as it used to be.
gideonkiaka701
I like it that way sir!
SwallowPremium
@gideonkiaka701 great to hesr that✌️
eddieelsewhere
First touch of the 20MA on the daily since the breakdown. A strong rejection plus the upcoming monthly candle signals a higher probability of bear flag breakdown for continued downside.
SwallowPremium
@eddieelsewhere, Well moment of truth))
eddieelsewhere
@SwallowPremium, Nice call..I was wrong! although the question now is are we going to see continuation? Possible move to 34k or even 42k before a swift move down through the volume gap to 20?
Gunslinger2005
also just waiting for breakout of range
SwallowPremium
@Gunslinger2005, Great to see that we are one the same page))
armanhamidaf555
I agree with you 💯
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