BTC broke above the descending resistance line (see my last idea) and pushed to 40k, but rejected the 200MA.
We want to see BTC break above the 200MA and then above 42k, which could then send us to 49k.
Now, we have support at 34.5k and if we break and close below it on the daily chart, we could see BTC drop back to 30k.
Don't forget to keep a decent amount of USDT on the side.
Any questions?
Good luck traders
Remember not to break your rules
Habib
We want to see BTC break above the 200MA and then above 42k, which could then send us to 49k.
Now, we have support at 34.5k and if we break and close below it on the daily chart, we could see BTC drop back to 30k.
Don't forget to keep a decent amount of USDT on the side.
Any questions?
Good luck traders
Remember not to break your rules
Habib