Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Let’s be honest, after such a huge upswing (+50%)
BTC needs at least a small correction as well as RSI did not retested it breakout downtrend, so RSI is also
need to be retest it breakout trendline.
Yesterday we faced the major resistance at $40,500 and couldn’t break it. Today we also got rejected there. This can be the short-term top!
I don’t expect the upcoming correction to go below $35K
The bearish picture invalidates if we do break above $43K
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Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
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💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Welcome to this quick update everyone,
In Daily timeframe Chart, Let’s be honest, after such a huge upswing (+50%)
need to be retest it breakout trendline.
Yesterday we faced the major resistance at $40,500 and couldn’t break it. Today we also got rejected there. This can be the short-term top!
I don’t expect the upcoming correction to go below $35K
The bearish picture invalidates if we do break above $43K
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
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