🔥 Watch These Make Or Break Bitcoin Moving Averages 🚨
Historically speaking, the 200-week moving average was always the main support for BTC and has marked the bottom on 4 different occasions.
As of this cycle, things have changed. The 300-week was the main support during the COVID dump and indicated an important area during the FTX collapse.
In previous analyses I've stated that I think BTC will likely go down over the next few months. My main target is 20.000, which coincides with the 300-week SMA support area.
If 20.000 fails to hold, my next big support area is the FTX low, which should be around the 400-week SMA.
Put these moving averages on your chart to get a good overview of historically important areas of support and resistance.
As of this cycle, things have changed. The 300-week was the main support during the COVID dump and indicated an important area during the FTX collapse.
In previous analyses I've stated that I think BTC will likely go down over the next few months. My main target is 20.000, which coincides with the 300-week SMA support area.
If 20.000 fails to hold, my next big support area is the FTX low, which should be around the 400-week SMA.
Put these moving averages on your chart to get a good overview of historically important areas of support and resistance.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.