BITCOIN short Update:- BTC closed above the 35.2k level in weekly which is indeed good news for us all.
What we see right now is a rejection right after the daily close which is normal on Mondays.
Bitcoin is currently sitting right on the 50D MA added with the trendline support this becomes very important for the bulls to hold.
The green zone needs to hold for BTC to remain Bullish.
I expect a rally towards 36k starting from today.
Important Resistance levels: 36.3k 42k (Major Resistance)
Let's see how the PA follows.
If you like this short update, do hit the like button and share your views in the comment section.
#PEACE
What we see right now is a rejection right after the daily close which is normal on Mondays.
Bitcoin is currently sitting right on the 50D MA added with the trendline support this becomes very important for the bulls to hold.
The green zone needs to hold for BTC to remain Bullish.
I expect a rally towards 36k starting from today.
Important Resistance levels: 36.3k 42k (Major Resistance)
Let's see how the PA follows.
If you like this short update, do hit the like button and share your views in the comment section.
#PEACE
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Doesn't look that good though.
It was a hell of a bloody Monday.
We need a close above 34.6k in daily and get above the green zone as soon as possible
The reason why I say this is because we see a lot of fake breakouts and breakdowns in BTC these days.
Daily closes are much legit rather than LTFs. So let's wait fro the daily close now.
Doesn't look that good though.
It was a hell of a bloody Monday.
We need a close above 34.6k in daily and get above the green zone as soon as possible
The reason why I say this is because we see a lot of fake breakouts and breakdowns in BTC these days.
Daily closes are much legit rather than LTFs. So let's wait fro the daily close now.
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