BTCUSD formed new falling trendline breakout and fly or fall?
Updated
As we can see new downtrend formed here by this red trendline on chart
price receive support that we talked about and and now is rising so we may expect breaking trendline and green paths to continue too:
we talked about this important support zone on previous analysis :
now we are looking for some short position around 58K with tight stop loss and considering bullish market too .
so trade carefully and as we said again and again consider bullish market too.
bearish scenario Targets:
A. 56500
B. 55000
C. 53300
Bullish scenario Targets:
A. 59400
B. 60000
C. 62000
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
price receive support that we talked about and and now is rising so we may expect breaking trendline and green paths to continue too:
we talked about this important support zone on previous analysis :
now we are looking for some short position around 58K with tight stop loss and considering bullish market too .
so trade carefully and as we said again and again consider bullish market too.
bearish scenario Targets:
A. 56500
B. 55000
C. 53300
Bullish scenario Targets:
A. 59400
B. 60000
C. 62000
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Note
so many log-term analysis shared in previous days and linked below🔽😉this analysis is for short-term trader 👍✔
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
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