BTC/USDT ANALYSIS
BTC UPDATEBTC is holding at the potential reversal zone of bullish shark pattern, which is around 19.5K and also hit the target of bearish flag. This is a very strong support for BTC and it need to show bullish momentum here.
As still the signal is sell at 8H TF, so we can only play scalp long's here at short time frames and short positions at resistances by seeing a sell signal there.
Bearish volume is still increasing đź‘€
What to expect next?
PREMIUM CONTENT [PREMIUM EXCLUSIVE]
POSSIBILITIES
BULLISH= PREMIUM CONTENT [PREMIUM EXCLUSIVE]
BEARISH= PREMIUM CONTENT [PREMIUM EXCLUSIVE]
These are short term possibilities and still the 2nd reversal of bullish shark is yet to be filled.
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.