Bitcoin / TetherUS
Updated

irCryptoClub - BTC/USDT

339
BTC/USDT

Due to the time analysis and delay in the formation of this uptrend, there is a possibility that this wave will be shorter

The trend is expected to rise again after the completion of the short-term forecast, which coincides with the end of May, which was previously mentioned in the analysis.

The overall market loss is the penetration of bitcoin prices into the trend, which is around 32,000
Trade closed: target reached
snapshot

If the analysis is realized and the price is not stabilized below the range of 32000, according to the time analysis and reaching the end of May, which was repeatedly mentioned in previous analyzes, as well as the current wave of correction, the next move should be like this.

Note that the current range is one of the most sensitive supports of the last 9 months, and losing it will change the structure of the next waves and the final correction at different scales of the chart.

Accordingly, in the next 48 hours, we will see a volatile market, and according to studies, maintaining the current support range is necessary to continue the positive market trend.

According to the analysis provided in the past few days, as well as the above, please avoid emotional trades and consider losses for your trades.

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.