BTCUSD-81.5k Possible 30% Bounce
A retest of the Preliminary Supply area.
104k was never tested.
Buyers are waiting at 80k, 83.6k, 88k etc.
So here is a perfect level to burn everyone.
Ethereum dropped to 2k, and if it drops to 1.7k, 1.5k etc there will be a strong bounce again.
Not many people are expecting this level.
It might just drop to 68k, 58k etc. But here is a good level for me to Take Profit and reconsider what might happen next.
104k was never tested.
Buyers are waiting at 80k, 83.6k, 88k etc.
So here is a perfect level to burn everyone.
Ethereum dropped to 2k, and if it drops to 1.7k, 1.5k etc there will be a strong bounce again.
Not many people are expecting this level.
It might just drop to 68k, 58k etc. But here is a good level for me to Take Profit and reconsider what might happen next.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.