BTCUSD at last level of support price
Updated
BTCUSD is following bearish channel, recently breakdown the support level: 33770,
and landed on next and last support : 31940, and touched bearish channel lower,
accumulation is happening near support.
In this support level price reflected huge moment historically,
To follow Golden rule: Be with trend, (short setup could possible at 33770)
Trend line an hr. time frame basis
!Strong close below 3940 should be hell bearish move.
Technical- Based on Support/Resistance and trend line:
- Strong Suport: 31940
- Strong Resistance: 33770
! leave feedback or comment please.
To check previous ideas and updated.
Image-
and landed on next and last support : 31940, and touched bearish channel lower,
accumulation is happening near support.
In this support level price reflected huge moment historically,
To follow Golden rule: Be with trend, (short setup could possible at 33770)
Trend line an hr. time frame basis
!Strong close below 3940 should be hell bearish move.
Technical- Based on Support/Resistance and trend line:
- Strong Suport: 31940
- Strong Resistance: 33770
! leave feedback or comment please.
To check previous ideas and updated.
Image-
Note
Breakdown support level: 31940, respected.(support became resistance)
Next support: 29705, respected
(V shape recovery)
Trade closed manually
Related publications
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.