dzoniijcrypto

BTC short from 52800 new data suggest for potential dump

Short
dzoniijcrypto Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Fresh onchain data suggest for fresh new dump I believe earlier big moves to exchnages still not sold so expect pretty decent dump in next few days
although BTC may go up little before dumping
so acording to 1D chart at 52800 are 2 EMAS 50and 100 almost together then from 4H chart I see resistance line again in almost same level
So 52800 seems pretty solid level
SL can be placed above 53900 because 53500 was nice support before
and TP first at 46500 then at 44500
My previous predicition was more or less right marke went down but so much as I expected
around 44000 is very solid support from 1W fibonacci level 1D trendline now whales wait for market to go up and then start to dump because 44000 maybe seemed harrd to break
Comment:
48500 also can be half trade closed BTC broke daily trendline and if it comes back this can be tested at 48500 level
although only to put some profit for potential SL
potential dump I see significant so 48500 will be broken like nothing but still it is nearest stop for some bounce back
Comment:
52666 is nice number and its one of daily EMAS exactly now so this can be first entry
2nd 52786

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