Hello all traders, long time no see. How are you doing.
Today, I want to show my idea about BTC's movement in next several weeks.
The chart show us 3 situations:
- Situation 1: I believe that you expect it happen soon. With this situation, BTC retest successfully strong support (29,000-30,000), it breaks previous resistance (42,000-45,000) and toward to 75,000.
- Situation 2: BTC also retest successfully at strong support (29,000-30,000), but failed at next resistance (42,000-45,000) and drop back to 20,000.
- Situation 3: BTC can not pass 50,000 and drop back to 200,000.
For any situation, BTC must reduce to 29,00-30,000. This is key level so that I recommend that we should waiting for price back to here and observe its reaction here and make reasonable decision.
For any update, I will inform immediately.
Feel free give me comments, likes and feedbacks.
Today, I want to show my idea about BTC's movement in next several weeks.
The chart show us 3 situations:
- Situation 1: I believe that you expect it happen soon. With this situation, BTC retest successfully strong support (29,000-30,000), it breaks previous resistance (42,000-45,000) and toward to 75,000.
- Situation 2: BTC also retest successfully at strong support (29,000-30,000), but failed at next resistance (42,000-45,000) and drop back to 20,000.
- Situation 3: BTC can not pass 50,000 and drop back to 200,000.
For any situation, BTC must reduce to 29,00-30,000. This is key level so that I recommend that we should waiting for price back to here and observe its reaction here and make reasonable decision.
For any update, I will inform immediately.
Feel free give me comments, likes and feedbacks.
Comment:
BTC is moving as my plan.
Comment:
BTC is moving as my plan, back to 29-30.