Lightcup

BTC TA MARCH 6 2022

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC went down to 38K and has held support for now, if we break above 39K it will probably retest 40-40,5K. MACD still looking bearish and my overall opinion on the market is still Bearish. If you want to trade this movement wait to see if price breaks above 39,2K. If price breaks above 39,2K wait for 40,5K to go short with tight stoploss. If price gets rejected at 39K you can go short with stoploss above resistance.
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