SMA_work

What do you think about this analysis?

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT
  • Do you think the price correction is over? If not, how much do you think the price range will last?

    My analysis :

    As you can see from my chart , The price is pullbacking towards dynamic support.

    I think the price of bitcoin wants to go down further, but to what extent?

    In my opinion, the range of 30 thousand and 40 thousand is support for the price, on the other hand, there is also psychological support. It may be broken



    But the 25700 to 27000 range is a very strong demand level for Bitcoin, on the other hand, in this range, the long-term trend line also supports the price.



    { { { { Warning: In this analysis, I am not saying that the price of Bitcoin will necessarily touch below 30,000, but if it gets there, I will sell everything and buy Bitcoin. (; } } } }

    I hope you are always profitable

    #persian
    #btc
    #bitcoin
    #iran
    #iranian

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