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trieutv
May 21, 2022 7:08 AM

Dead cat bounce, in range 35 - 38K Short

Bitcoin / TetherUSBinance

Description

On daily chart

BTC is creating a temporary bottom around 29K and prepare to bounce before drop again.

BINANCE:BTCUSDT has two supports at 23300 and 20800. You can see on the chart.

A good zone to use DCA way from 23300 - 20800

What next, wait and see
Comments
SwallowPremium
well detailed, love it!
trieutv
Aleks00000
Nicely done analysis, after 20k I expect 10k or even around 6k, we'll see what happens.
trieutv
@Aleks00000 I’ll update higher timeframe.
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