BTCUSDT | Main goals for the new week
Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌The price of Bitcoin is still under pressure from the bears, the struggle continues to secure the $21.000-21.500 zone
▫️Yesterday's attempt to break through the $20.700 zone was unsuccessful, the bulls activated at the time and we saw a rebound from the lower border of the channel.
💡I think you should not rush into transactions yet, but wait for the opening of a new weekly candle and the stock market (S&P500).
▫️According to the S&P500, the local support is the level of $4.200 with the opening of a new week, we will most likely see a continuation of the downward movement towards $4.000.
▫️Continued correction on the fund will mean that bitcoin will continue its downward movement, if the $20.500 zone is broken, I expect the next stop at $19.800
🗯This week was very hot for me personally, while the priorities are descending at the beginning of a new week, I think it's worth to wait with the longs, as soon as I see the reversal point I will definitely inform the channel. Have a nice weekend everyone!
Like and write your comments👇
📌The price of Bitcoin is still under pressure from the bears, the struggle continues to secure the $21.000-21.500 zone
▫️Yesterday's attempt to break through the $20.700 zone was unsuccessful, the bulls activated at the time and we saw a rebound from the lower border of the channel.
💡I think you should not rush into transactions yet, but wait for the opening of a new weekly candle and the stock market (S&P500).
▫️According to the S&P500, the local support is the level of $4.200 with the opening of a new week, we will most likely see a continuation of the downward movement towards $4.000.
▫️Continued correction on the fund will mean that bitcoin will continue its downward movement, if the $20.500 zone is broken, I expect the next stop at $19.800
🗯This week was very hot for me personally, while the priorities are descending at the beginning of a new week, I think it's worth to wait with the longs, as soon as I see the reversal point I will definitely inform the channel. Have a nice weekend everyone!
Like and write your comments👇
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.