#Crack #Bitcoin #Binance #Daily
- After the last briefing, the $44.2k-$44.5k support failed and Bitcoin reached the $41.5k-$41.9k support area.
- The $41.5k-$41.9k support area is an inflection section of the large VP area from Jan. 22 to Mar. 22, and it is important to see if this area is supported or not.
- If the support is successful and Bitcoin rebounds, we can expect a Bullish trend to breakout the $44.2k-$44.5k resistance again.
- However, the $44.2k-$44.5k resistance area served as strong resistance in the previous large VP movement, and the resistance of the sky blue high-trend line also overlaps, so we should continue to keep in mind the bearish trend before Bitcoin breaks out $44.2k~$44.5k with bullish trend.
- If the $41.5k-$41.9k support fails, we should remain open to the possibility of a decline towards the $37k-$37.7k lower end of the orange uptrend channel.
- However, if the support of the green mid trend line created during the formation of large VP is strong, even if the $41.5k-$41.9k support fails, there is a possibility that the decline to $37k-$37.7k will be stopped.
- After the last briefing, the $44.2k-$44.5k support failed and Bitcoin reached the $41.5k-$41.9k support area.
- The $41.5k-$41.9k support area is an inflection section of the large VP area from Jan. 22 to Mar. 22, and it is important to see if this area is supported or not.
- If the support is successful and Bitcoin rebounds, we can expect a Bullish trend to breakout the $44.2k-$44.5k resistance again.
- However, the $44.2k-$44.5k resistance area served as strong resistance in the previous large VP movement, and the resistance of the sky blue high-trend line also overlaps, so we should continue to keep in mind the bearish trend before Bitcoin breaks out $44.2k~$44.5k with bullish trend.
- If the $41.5k-$41.9k support fails, we should remain open to the possibility of a decline towards the $37k-$37.7k lower end of the orange uptrend channel.
- However, if the support of the green mid trend line created during the formation of large VP is strong, even if the $41.5k-$41.9k support fails, there is a possibility that the decline to $37k-$37.7k will be stopped.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
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.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
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.