BTCUSDT What is it?
Alright, looks like with all the situation with Russia - Ukraine BTC is also taking a hit.
POSSIBILITIES
1) A sustain bounce from current level (35K) which is a zone of Monthly Downtrend Trendline
2) A double bottom, given that we are entering weekend
3) A further downward movement to 31K-30K of May-July 2021 low
In term of volume, BTC do have fairly good strength to bounce at least for short period to 37K,
but given the situation between Russia-Ukraine, we might see further downside.
Anyway, do trade safely. Follow your strict Strategy, Planning & Money Management..
DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade.
You should not make a trade solely based on my analysis
Market is a volatile place, be sure to make your own analysis and judgement..
BTCUSDT
POSSIBILITIES
1) A sustain bounce from current level (35K) which is a zone of Monthly Downtrend Trendline
2) A double bottom, given that we are entering weekend
3) A further downward movement to 31K-30K of May-July 2021 low
In term of volume, BTC do have fairly good strength to bounce at least for short period to 37K,
but given the situation between Russia-Ukraine, we might see further downside.
Anyway, do trade safely. Follow your strict Strategy, Planning & Money Management..
DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade.
You should not make a trade solely based on my analysis
Market is a volatile place, be sure to make your own analysis and judgement..
BTCUSDT
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.