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santiagoruffini12

BTC/USDT - 1W PA Analysis - Potential Bullish Scenario - 03-03

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
santiagoruffini12 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTCUSD Bitcoin (Cryptocurrency) usdt BTCUSDT LONG Cryptocurrency
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trendanalysis chartpattern indicator btcusd bitcoin usdt btcusdt long cryptocurrency
Case for the bulls IF BMSB is bested. Hypothesis test due in the following two weeks. If wrong, return to the POC for further consolidation and compression vs. decreasing 20W MA. Alternatively, potential further downside to 27/28K. THIS DOES NOT CONSIDER MACROECONOMIC or WAR-LIKE EVENTS :)
Comment:
Weekly close above 43.1K is a good perk for the bulls given that it played as resistance for all weekly candles in 2022. Likewise it proved as support for several touchpoints throughout 2021.
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