BTC / USDT
BTC is being stuck in this channel for almost 40 days! , i think the big move is very close…
The target of this channel if the breakout done successfully would be 46k-48k
What we need for strong breakout : is a stability above 37k-38k which is very bullish because its equal 0.618 fibo resistance in high time frame
At some point we could see strong correction like 20-35% toward 32k - 27k may be after this move So make sure you have free stable coins for this case …
In worst scenario if this the pattern failed we could test lower supports first
Best of wishes
BTC is being stuck in this channel for almost 40 days! , i think the big move is very close…
The target of this channel if the breakout done successfully would be 46k-48k
What we need for strong breakout : is a stability above 37k-38k which is very bullish because its equal 0.618 fibo resistance in high time frame
At some point we could see strong correction like 20-35% toward 32k - 27k may be after this move So make sure you have free stable coins for this case …
In worst scenario if this the pattern failed we could test lower supports first
Best of wishes
Comment:
BTC = 42000$ ✅✅✅✅
Comment:
BTC = 44000$ ✅✅✅✅
there is a strong resistance between 40-42k,
Futures traders be careful ..strong volatility moves could happen here