coolbouy

BTC Analysis - Expecting a downward move

Short
coolbouy Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Lets keep it simple for every one.

BTC is currently at resistance level of 21800 - 21900 . Till now the resistance is not broken and it can fall back to the price level of 19800.

If resistance is broken , we will see a new price level of 23400.

As in long term , BTC is in downward trend , therefore probability of touching 19800 is high. I will update the Analysis with time as we see price movement.

Good Luck every one.
Comment:
Here we go, BTC has broken the resistance and moving in upward direction. We will see 23400 as our next target while keeping 21600 as SL

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