#BTC/USD Update (BINANCE Chart) +
📊 1W-Frame 📉 S & R 📈 Chart Update
We must consider that until #Bitcoin is trading below the crucial bear resistance area (45000$~50000$), There will be still the possibility of another leg down in the long term view!
Positive signs:
🟢 Closing the weekly candle above 43720$.
🟢🟢 Breaking up the 46216$ resistance.
🟢🟢🟢 Breaking up the 50000$ and consolidation above it!
Negative signs:
🔴 Breaking down the 40000$ support.
🔴🔴 Breaking down the 36000$ support.
🔴🔴🔴 Breaking down the 28000$ support.
📊 1W-Frame 📉 S & R 📈 Chart Update
We must consider that until #Bitcoin is trading below the crucial bear resistance area (45000$~50000$), There will be still the possibility of another leg down in the long term view!
Positive signs:
🟢 Closing the weekly candle above 43720$.
🟢🟢 Breaking up the 46216$ resistance.
🟢🟢🟢 Breaking up the 50000$ and consolidation above it!
Negative signs:
🔴 Breaking down the 40000$ support.
🔴🔴 Breaking down the 36000$ support.
🔴🔴🔴 Breaking down the 28000$ support.