BINANCE:BTCUSDT   Bitcoin / TetherUS
As studied, BTC fell to the support zone of 39200 by maximum and could fall even more. But there is one bumpy bounce ahead which would be impulsive towards 41200 to 42400 maximum... The trendline represents a bearish resistance which could result in the fall of BTC towards 38900 and so on.
I am taking my healthy profits at 39200. Might look at BTC swinging sideways until confirmation of long.
Might long BTC at these zones:
1) 32,000
2) 31,000
3) 27,000


DYOR

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.