BTCUSDT
Thoughts
At the moment, there is a fading on the chart after the March impulse. A local resistance zone has formed and the price is gradually declining towards support.
Trying to guess where the course will go now is like playing roulette.
An upward trend can only be considered after the red resistance line has been broken. Before that, there can be no talk of a global long.
In case of a decline, you can look for rebound zones near the red lines at $24,370 and $23,650.
At the moment we are sitting without large positions in anticipation of a reaction on the chart.
There is no need to rush now. Our task is not only to earn, but also not to lose.
If you like the idea, don't forget to subscribe and rate like👍
Thoughts
At the moment, there is a fading on the chart after the March impulse. A local resistance zone has formed and the price is gradually declining towards support.
Trying to guess where the course will go now is like playing roulette.
An upward trend can only be considered after the red resistance line has been broken. Before that, there can be no talk of a global long.
In case of a decline, you can look for rebound zones near the red lines at $24,370 and $23,650.
At the moment we are sitting without large positions in anticipation of a reaction on the chart.
There is no need to rush now. Our task is not only to earn, but also not to lose.
If you like the idea, don't forget to subscribe and rate like👍
Comment:
BTCUSDT
Update
According to the schedule, the situation has not changed much. The price spilled down locally due to massive lawsuits from the SEC.
Then we got a short squeeze and pushed the price up, back to the resistance of the downtrend.
If this line is broken, we will see further upward impulses. The targets shown on the chart with blue lines: $29,906 - $31,527
When these goals are achieved, we will update and tell you more about the local situation.
Update
According to the schedule, the situation has not changed much. The price spilled down locally due to massive lawsuits from the SEC.
Then we got a short squeeze and pushed the price up, back to the resistance of the downtrend.
If this line is broken, we will see further upward impulses. The targets shown on the chart with blue lines: $29,906 - $31,527
When these goals are achieved, we will update and tell you more about the local situation.
Comment:
BTCUSDT
Update
All growth was blocked by a fall due to the SEC, after which the price went into a flat.
After the US Congressman announced that he had filed a letter of resignation from SEC Chairman Gary Gensler, BTC gave a slight upward momentum.
Targets remain relevant in case of breaking through the resistance line: $28,790 - $29,906 - $31,527
When these goals are achieved, we will update and tell you more about the local situation.
We also remind you that the meeting of the US Federal Reserve will take place today. We expect market volatility. We advise you not to hold large positions.
Update
All growth was blocked by a fall due to the SEC, after which the price went into a flat.
After the US Congressman announced that he had filed a letter of resignation from SEC Chairman Gary Gensler, BTC gave a slight upward momentum.
Targets remain relevant in case of breaking through the resistance line: $28,790 - $29,906 - $31,527
When these goals are achieved, we will update and tell you more about the local situation.
We also remind you that the meeting of the US Federal Reserve will take place today. We expect market volatility. We advise you not to hold large positions.
Comment:
BTCUSDT
✅💪 2 support📈
✅💪 2 support📈
Comment:
BTCUSDT
✅💪 3 support📈
✅💪 3 support📈
Trade closed: target reached
Update
Since our last review, Bitcoin has given a strong boost due to the reversal of the US default.
At the moment, the price has rested against local resistance (indicated by the red descending line).
If this line is broken, we will see subsequent upward impulses. Targets when breaking through resistance are shown on the chart with blue lines: $29,906 - $31,527
When these goals are achieved, we will update and tell you more about the local situation.