TradingView
MarsSignals
Mar 27, 2021 6:27 AM

BTCUSDT Long

Bitcoin / TetherUSBinance

Description

Hello to you all. Mars Signals team wishes you high profits at all times.
Sorry for being absent for a few days. We were not able to provide any signals. Yet, we try to continue by giving you our best signals.
As you can see, we have drawn the Fibonacci retrace net levels for you on the chart which shows the support and resistance lines.
The black line which is drawn on the chart has been a strong resistance line which has been broken by now. We can consider three scenarios based on this move:
1) the price will make a pullback to the black area and then continue its uptrend. 2) the price will not make any pullbacks and will continue its uptrend right from here. 3) the sell pressure will increase and the price will break this black line and the price will fall further. But we consider the first scenario to be more likely to happen which will be a good place to buy and expect the trend to continue going up.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
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