cryptopreet

Why BTC $53722 LEVEL is important to HOLD????? IN-DEPTH ANALYSIS

Long
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Why BTC $53722 LEVEL is important to HOLD????? IN-DEPTH ANALYSIS
It’s a LONG term FIB 0.236 level.
It’s a SHORT term FIB 0.382 level.
It’s a FAST DPC EMA level.

What if $53722 LEVEL gets BROKEN?????
Next MAJOR level to watch = $44148
It’s a LONG term FIB 0.382 level.
It’s a SHORT term GOLDEN FIB level.
It’s a SLOW DPC EMA level.
NOTE : a lot of LIQUIDATIONS are pending BELOW $ 40900 LEVEL, don’t get SURPRISED to see a BIG wick down to $36410 (LONG term FIB 0.5 level).
Indicators predicting OVERALL scenario BEARISH now
MY NEXT LEVEL to SHORT: if BTC FAILED to HOLD above $62458, SHORT position will be opened.
SCALPING (based on CURRENT scenario):
Our LONG term GOLDEN ZONE($56054-$56691) failed to HOLD BTC price.
RETEST to LONG term GOLDEN ZONE and SHORT term GOLDEN ZONE($58921-$59206) will be good area for scalping.
VALUE AREA for SCALPING:
VAL = $54574
VAH = $63996

NO DOUBT, for long term= am BULLISH on BTC. We can see BTC above $113k in next coming weeks and above $200k in near coming months.

INDICATORS by TOP-NOTCH PINECODERS are used in ANALYSIS.

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