Daily update -
Still RSI indicates that bullish momentum is building up on daily chart. But Price still need breakout above 39500 resistance for 44000$ - 50000$+ Target. Be patient... Dips could mean opportunity here. waiting for good volume here
Now came back to the Minor support zone( just went back to Downtrend 2 ) . if btc respect current level then this dump will become a retracement then buyer will come next days.otherwise , as per we talk early will visit 33500 soon....Dips could mean opportunity here✔️
break 39500 major resistance(RSI indicates that bullish momentum is building up ). If bulls can break this resistance btc can go towards 44000$ - 50000$
In wrost scenario - If bulls fail to break higher then i consider the 33k and 31k as next key support
Daily chart update -
One the daily chart BTC seems to do an attempt to break 39500 resistance(RSI signaling a trend change already ).If sustaining above 38k it often are good for a breakout. If that can break btc can go towards 44000$ - 50000$
Lets see will continue the momen
Mid term pick🏹
ETC/USDT Chart review
Chart looking bullish for mid term and They have Big News coming up Next month.wait for dips probably around 51$ - 57$ area is good zone to buy
Sell Targets 63$| 68 | 75$| 85$ |
STOP-Loss is Recommended Below -8%
BTC 4H Update
2. After a Downtrend consultation This is third time BTC fail to break downtrend https://t.co/6gqnDJFXQW BTC consolidating below 35k area
Bulls really need that breakout.If again we reach and hold above 37k bulls can easily breakout
Next support 33600$ - 31500$
BTC Long term -
BTC is currently trading psychological support level between 30 - 34.
In wrost scenario -
A close below this support would be more bearish than bullish implying further breakdown.
it will happen ,If any FUD will come (especially from US country ) it will
BTC 4H Update
Yesterday BTC was clear breakdown from the Chuvashov Fork.Then Exact Reached 31.1k support Today price action could potentially a movement to 35100 -36000 -37800
As I told you in my previous update,Bullish only if we make it all back to the Downtrend 2 and break it
1H chart , Next support one is 36500$ area and other one is around 35700.The potential bounce area is those levels.
if BTC close below 35700 level that would be a bad sign on short term move.
BTC ejected exactly from area which i mention to watch👇👇
failed to break the resistance zone and dumped pretty heavily . 4H Chart still needs to break and close above DOWNTREND 2 (39500 - 40000$) for further upward movement👍🏻👍🏻