BTCUSDT: Is This the Calm Before a Major Move?
Updated
Yello Paradisers! Are you prepared for what's next? #Bitcoin has been in a persistent downtrend, and the pattern of lower lows and lower highs continues to define its movement on the major time frames. However, recent price action hints at a possible shift.
💎#BTCUSDT, After the latest lower low, we saw a brief relief bounce. But don’t get too comfortable just yet—this bounce could be short-lived. The pair is currently eyeing a bullish order block in the $55,945 - $54,865 range. From here, the price is likely to head toward the next resistance zones, which could merely serve as another relief bounce.
💎Looking ahead, the next significant move could see BTCUSDT revisiting the daily demand zone between $52,769 and $50,505. If the volume supports this move, expect the price to face resistance around $60,245. Should volume remain strong, the next crucial resistance zone lies at $64,371. Flipping this level could propel BTC toward $68,246.
💎All bets are off if BTCUSDT closes below 45,594. This would invalidate the bullish outlook, signaling a deeper decline.
Stay sharp and remember Paradisers , patience and disciplined trading are key in this volatile market. Stay alert, trade smart, and keep a close eye on these crucial levels. This market could swing either way—don’t get caught off guard!
MyCryptoParadise
iFeel the success🌴
💎#BTCUSDT, After the latest lower low, we saw a brief relief bounce. But don’t get too comfortable just yet—this bounce could be short-lived. The pair is currently eyeing a bullish order block in the $55,945 - $54,865 range. From here, the price is likely to head toward the next resistance zones, which could merely serve as another relief bounce.
💎Looking ahead, the next significant move could see BTCUSDT revisiting the daily demand zone between $52,769 and $50,505. If the volume supports this move, expect the price to face resistance around $60,245. Should volume remain strong, the next crucial resistance zone lies at $64,371. Flipping this level could propel BTC toward $68,246.
💎All bets are off if BTCUSDT closes below 45,594. This would invalidate the bullish outlook, signaling a deeper decline.
Stay sharp and remember Paradisers , patience and disciplined trading are key in this volatile market. Stay alert, trade smart, and keep a close eye on these crucial levels. This market could swing either way—don’t get caught off guard!
MyCryptoParadise
iFeel the success🌴
Note
BINGO! #BTCUSDT move 5.16% exactly as predicted.
Trade closed: target reached
BOOM! BTCUSDT did what we predicted, after 5.16% move it went to daily demand zone and then up about 15.51%
Note
BOOM! BTCUSDT did just what we predicted, Flew up and moved 22.20%
The only serious crypto trading company on the web⏐MyCryptoParadise.com
FREE Telegram Channel - t.me/+skqKdwnfH2xmNTU0
Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
FREE Telegram Channel - t.me/+skqKdwnfH2xmNTU0
Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
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.