BTC/USDT
Currently, 38000 is expected and it is bullish reversal zone. The price should bounce back from this zone.
Then there will be two price actions.
1. Validation_ bullish reversal if 38000 (support)
didn't break down.
2. Invalidation_ the can drop to 30k if the bullish
reversal zone (38000) break down.
# For the 1st price action, the targets are:
(1) 40500
(2) 44000
(3) 48000
(4) 51000
# For the 2nd price actions, we should set a
stop loss below 37000.
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