BTC: CONSOLIDATION ZONE! WHAT'S THE NEXT MOVE?
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Welcome to this BTC update. BTC is consolidate from 28k-32k region from last 30 days. Soon we see a big move and the direction of this big move is depend on where BTC breaks out(up or down).
For a bullish momentum, BTC needs to break 32k level and hold above it. Once it holds above the 32k level our next short term target is 35k-37k level. So all we need to break the 32k level.
If in any case BTC daily candle close below 28k then it would be very bad and we might see a quick drop to 22k-24k level.
So be ready for every possible scenario and trade cautiously.
What do you think about this?
Do you think BTC breaks 32k resistance or do you think that it will break 28k support.
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this BTC update. BTC is consolidate from 28k-32k region from last 30 days. Soon we see a big move and the direction of this big move is depend on where BTC breaks out(up or down).
For a bullish momentum, BTC needs to break 32k level and hold above it. Once it holds above the 32k level our next short term target is 35k-37k level. So all we need to break the 32k level.
If in any case BTC daily candle close below 28k then it would be very bad and we might see a quick drop to 22k-24k level.
So be ready for every possible scenario and trade cautiously.
What do you think about this?
Do you think BTC breaks 32k resistance or do you think that it will break 28k support.
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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