SatochiTrader

AFTER THE INCREASE BTC SHOULD HOLD 59600..

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
We did Follow BTC below 42K, until the high increase as the below idea shows and we did confirm it with more positive charts.

We are checking on the low frame if there is some confirmation that can allow BTC to break down to 59.6K

We found out that 59.6 is an important level that BTC should hold, if BTC is not able to hold 59.6, it can return to the 50K Zone.

There is a trend that confirms that volume above 59300 is a FOMO volume, which could return to the start target.

This update is just a zone confirmation that BTC should hold. and we will follow with this update IF BTC is starting to make a new recovery.


Trade or manage only depending on your plan, nobody can expect the future 100%
it's all about studying the markets. and this view is still not a confirmation.

We will follow up if BTC is going to breakdown in the coming time frames.

Comment:
Know that BTC doesn't go in 1 line to the target, it can take on the way all the possible play trends. in 90% a trend gets closed first with fake vlag.
Comment:
We will follow the trend to see if BTC will return to S line 59600 soon.

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