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MMBTtrader
Apr 22, 2023 8:25 AM

BTCUSDT possible scenarios  

Bitcoin / TetherUSBinance

Description

Now major supports are:
A. 26000$ daily support
B. 23500$ major Fibonacci support levels

major Resistances are:
A. 29200$ Channel retest of breakout
B. 31000$ major Daily resistance

Now price can fall below 26K$ if this support breaks even if we see the range here or a short-term pump it can be retest of the broken channel and then again after that more fall is ahead.
So for now we are looking for a range market here and a bullish market is back only if the price once again go above 30K$.

DISCLAIMER: ((trade based on your own decision))
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Comments
Seabedrock
thank's, do you think there will be a bounce up before May down
LegionQ8
Agreed with your opinion, it's more than possible
FirstNameHelen
Interesting view, I'm probably agree with your analitycs
WalterMoon
The best tradingview work which I saw today for BTCUSDT
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