BTC/USDT- June 30, 2021
BTC went up to a high we havent seen lately to 36 k and a bit beyond and has now pulled back. However, if one looks at the wyckoff model, a small pull back was expected. Also, the volume with which it crossed 36 k was not too great. It may trade between 35K to 36 k, if this is the pull back as per the above mentioned model and then start its way in Phase D of the wyckoff model.
Support was also there at 35k levels too. Hence, it may be a good time to accumulate before it sets on a trajectory for 37K and beyond.
Will keep putting up updates as the day progress. Follow me to get them on your timelines too. Please do let me know your thoughts as well..cheers
Support was also there at 35k levels too. Hence, it may be a good time to accumulate before it sets on a trajectory for 37K and beyond.
Will keep putting up updates as the day progress. Follow me to get them on your timelines too. Please do let me know your thoughts as well..cheers
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.