BTC retesting the resistance and May go deeper (25000$- 24000$)

BTCUSDT.PS

BTC almost retest the resistance and there is two possible scenario:

1- Best case:
Will support on Fibonacci 0.382. Then retest the 0.236 resistance ( topside of pitchfan and daily resistance at the same time too). I guess after that will move to fibonacci 0.5 level (25200$)

2- Worst case:
Will dump straight to test the fibonacci level 0.618 and center of pitchfan at the same time (near 23900$)

評論:

Near $28200. expecting dump!

評論:

There is a support on $27400.
We need to see the test of that level. BTC will go to $30K if price push back from that level or the short will be valid.

評論:

Exactly as expected. Next stop: $25280

評論:

Important:
We will close shorts on $27500. ( or deciding after NFP)

評論:

BTC may follow S&P500. Community is also bullish, but it's still bearish technically. So shorts are still valid.

評論:

In $26590 we will see how much the market is really bullish.
BTC moves healthy in these days.

評論:

$26590. Welcome to war zone :D

評論:

As you can see we predicted this May 23th. Some people may say its because SEC sues Binance and its fundamental , but its technical. Social medias just doing what they always do.

評論:

This analyze almost done.
BTC may go deeper but im going to find a good PRZ for long entry.
Stay tune ;)

評論:

Ok. Its a bit early to say that but near $25000 could be a PRZ. Let see what will happens on that price. If bulls hold that level, I guess price will push to near $26.6K and fall again to near $23980.
(No rush and wait for confirmations)