Zypheros

BTCUSDT 1D 100MA Pattern?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Every time that BTC breaks down of the 100MA in the daily timeframe, we see around 50-55% pullback and then a pump afterwards. Coincidentally, a 50% drop from here would perfectly land at our next strongest support after 40K, which is 28.8K.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.