BTC: BULLS STILL IN CONTROL!!
Updated
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USDT update. What a beautiful daily close we got. My previous idea of the Head&Shoulder bearish pattern is invalidated and I feel no shame to accept it. I don't say like other people that I'm absolutely right every single time, I also made some mistakes and I have no shame to accept them.
Now, let's get to the chart first.
BTC is still maintaining inside the same channel and holding the
39K support in the daily time frame very well so far. Yesterday we got a beautiful daily close above 40k
Now, BTC has to break the resistance 1 which is at the 41.5k-42.5k level, and also there is a 50D MA. If we get a successful close above resistance then we are all set to test our resistance 2 which is at the
46K-
48K level.
Invalidation level:- Daily close below39K
What do you think about this?
Do you think we can see48K soon on the board or do you think this is just a fake pump?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank you!
Welcome to this BTC /USDT update. What a beautiful daily close we got. My previous idea of the Head&Shoulder bearish pattern is invalidated and I feel no shame to accept it. I don't say like other people that I'm absolutely right every single time, I also made some mistakes and I have no shame to accept them.
Now, let's get to the chart first.
BTC is still maintaining inside the same channel and holding the
39K support in the daily time frame very well so far. Yesterday we got a beautiful daily close above 40kNow, BTC has to break the resistance 1 which is at the 41.5k-42.5k level, and also there is a 50D MA. If we get a successful close above resistance then we are all set to test our resistance 2 which is at the
46K-48K level. Invalidation level:- Daily close below
39KWhat do you think about this?
Do you think we can see
48K soon on the board or do you think this is just a fake pump?Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank you!
Note
Must bounce from here!
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