#BTCUSDT Do not panic, This MA can still save the day!
BTC/USDT needed a retracement after weeks of a continuous pump.
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
If you like this quick update, follow me to get more updates.
Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
If you like this quick update, follow me to get more updates.
Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
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