BINANCE:BTCUSDT   Bitcoin / TetherUS
Getting close to a very large move. For me it’ll be upside. 33k-32.9 area should be strong reistance. Howver after that battle completes blue skys for a 10k move

Not saying it’s going to 42k but I have a 37/38k target above it all depends on how price reacts after a few weeks around 33k area.

Buyers are still here and 29.5 is becoming sipport again… some bears are showing their faces again. I’m still long from 22k and 25k. Keeping the long open for a while as I don’t see any point o close yet. Kind of surprised the bears are really looking at this as a drop back to 20k at this point.

If we reach 33k and reject, then I can see a big down swoop attemp. That’ll be the proof on where we head after a big rejection there if occurs. I think I’ll take a little off the table around there if we don’t just rocket through it after a few days attemot

Good luck!! I’d start placing stoploss if you in a short in profits

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.