#Bitcoin Liquidity below the $60k has been taken. The price bounced right from the second EMA.
The third EMA is around $58.3k, The level I've been talking about in my previous updates.
The weekly close will provide more clarity.
Stay tuned, I'll keep this chart updated.
Thank you
📉💰 **BTCUSDT Review: Bearish Outlook** 💰📉
BTCUSDT's chart signals a bearish trend, with resistance levels holding and support weakening. 🛑⬇️
**Strategy:**
Consider selling with targets outlined in the chart. Tight stop-loss and risk management are key. 🎯🛑💼
**Conclusion:**
Now's a good time to sell BTCUSDT, but watch the market closely. Happy trading! 💰📉
Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 66179.0
⭕️SL @ 68820.0
🔵TP1 @ 59600.0
🔵TP2 @ 55550.0
🔵TP3 @ 51770.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning...
After this line there is big support. My idea says that today after NY wakes up with Burris till 25% so be ready to see Monday morning with sun light. As Monday will
Be boring to trade but Monday will ideally good entry time.
📊 In the four-hour time frame, the movement trend of the price is downward, according to the downward momentum of the price movement and the selling pressure in the market, if the range of 61500 units is broken downwards and the price stabilizes below it, the price may fall to the range of 59000 units🎯, and in the case of the strength of the range of 57000 units🎯🎯...
On April 1, the BTCUSDT price started with a "humorous" correction.
In general, April promises to be quite interesting and provide "many answers."
During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D:
- It will be possible to trace where the capital that previously entered the cryptocurrency...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line .
🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
📈If Bitcoin's downward momentum is high ,...
If you haven`t sold the top on BTC:
Upon observation of the chart, it appears to have developed a clear double top, a pattern widely regarded as one of the most bearish in chart analysis.
The recent dip in the crypto market, triggered by escalating tensions between Iran and Israel, serves as a stark reminder of the market's volatility. Bitcoin prices plummeted to GETTEX:59K before a swift recovery, leaving many investors wondering: was this a blip on the radar or a harbinger of things to come?
**The Iran-Israel Factor:**
Geopolitical tensions...
The pirce can not even reach 73k and then get through the red trend line of this bullish. As I pointed in the earlier post, the triangle doesn't complete yet. If the downward momentum is very strong, we can expect a considerable fall.
Please leave your cherish idea below and follow me if you agree with my opinion.🥰
