TradingView
Dexter_The_Trader
Mar 19, 2024 7:20 AM

BTC: The Correction Phase. Short

BTCUSDT SPOTBitget

Description

Hello traders,

I hope you're all safe and sound.

Since reaching the all-time high of 73.8k, BTC has already undergone a 12% correction and it seems this correction is just beginning.

In this 6-hour chart, we observe two major support levels for BTC: the first is the 100 EMA at the current price level and the second lies at 63k. If these supports are breached, the next level would be between 57k-59k.

I trust this information is helpful. Trade safely.

Regards,
Team Dexter.

#BTCUSD
More