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17 Jan 2021
Bitcoin Ready for $22578.... why..?
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#BTCUSDT TA update chart in Short time frame:-
#Bitcoin Currently trading at $34660
Last chart I drawn and BTC dumped almost $5000.
Hope you happy with our last long term analysis.
Now..?
As per chart you can see most Important Resistance level is #R1 #R2 and next one #R3
So still we can see #R3 point and BTC small pump toward #R3 ($38500)
And You also can see Support level #S1 #S2 #S3 #S4 #S5 and next one would be #S7
You know Support now very week because of BTC many attempted on this support level.
So max chances to breakdown this support level.
So if Breakdown #S5 support level then BTC next Target would be $22578.
So simple math for you:-
👉 #R1 breakout then $53834 Very
less priority’s
👉#S5 $ #S6 breakdown then $22578
So I am bearish from $39000 as I posted in my last chart.
This chart is only for your learning and educational purpose.
Please click LIKE button and Appreciate my hard work.
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Thank you.
CryptoPatel
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CryptoPatel
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