navid97

BTCUSDT can break it's resistance ??!

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Trading suggestion:
Because the market is in a little doubting I publish the second analysis for BITCOIN and also Altcoins show that they are very prone to rising!
thus, pay attention to the trend of this coin and wait to break all resistance and deciding to trading buy or sell

Technical analysis:

As you see I find the same form of the correction in the previous breaking but be careful and take your stop loss below the 50k !
Generally, if the trend wants to break the red zone[/b] BTC takes a bearish trend but now BTC is in a bullish trend yet !
It finally breaks the downtrend line either now or after another correction like the same correction.
. The RSI is at 58 and breaks the bearish trend but it needs to break 58-60 too !
. The MFI trend is same RSI
. In the 4h timeframe Ichimokuclouds tenkan sen and kim jansen crossing each other and BTC just needs to go out of the clouds of it !

Drop some feedback below in the comment!
Thanks for your attention 🙏!
Trade well, ❤️
Comment:
Comment: don't nervous about another correction if it happens!

Comments

no time to short
Reply
navid97 furkankilic_
@furkankilic_, Maybe mate !
Time shows us what's going on !
this analysis not for buying I just say BTC trend is still bullish

Thanks for your comment 🙏
Reply
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