$BTC analysis 6/1 👁🗨
Updated
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If we fall from here my team doesn't think support #1 will hold at all. Support #2 and Resistance #2 are the only targets we see right now.
If you want to see more, please like and follow us SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If we fall from here my team doesn't think support #1 will hold at all. Support #2 and Resistance #2 are the only targets we see right now.
If you want to see more, please like and follow us SimplyShowMeTheMoney
Comment
BTC may have pulled back to 30k in order to build up momentum for its next push. What we want to see to confirm this scenario is a retrace back up to at least 31k within the next 3 hours. If we don't see further buys, then BTC could get pushed back down much lower before big money starts buying.Comment
If you're bullish you should only really be worried if price falls and holds below 29k.Comment
Bulls should be worried to say the least. My team is in full agreement that support #2 will be tested soon.Comment
Support #2 has been tested.
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