Long

#BTCUSDT Stop this Panic! Just watch these levels!!!

Updated

Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.

Sorry for a week absence I am back on tradingview now. I was active on other platforms though!
So far I see a rejection from the 67k high in daily.
Green area must hold.
In the short term I expect BTC to range between 58k to 63k level before rallying to the upside.
Also , BTC needs to maintain the 21D MA on daily to stay on the bullish side which is 57k area.
So the most important level to watch now is 57k area so there's nothing to fear and panic.
But it's important to be cautious.
Though we reached a 67k high on Binance it's important for BTC to close above the previous ATH on weekly chart this will be the most important confirmation.
I am doing some scalping with SL and maintaining maximum exposure in USDT and BTC.

There's too much greed in the market.
I am not saying that BTC is not bullish but nothing goes straight up!!
Be smart, take profits while you can.

I will share another analysis tomorrow with more important informations.

ALSO, I AM WORKING ON A NEW STRATEGY TO TRADE THIS LAST QUARTER WHICH IS GOING TO BE VERY MASSIVE!

What's your thought on this?

Do you think this correction is over?
Do you think BTC could easily pump from here?

Do hit the like button if you like this update and share your views in the comment section.

Thank you

#PEACE 

Trade active

4 hour, Looks like there's a possibility of 578k to be tested this weekend.
Be careful
Macro picture looks bullish but as I said earlier.
A weekly close above the previous ATH is important to maintain the possibility of this scenario BTC needs to close above $61,528 in daily candles.

Stay tuned

Note

Bounced right off that support.
New Update coming up in an hour.
Stay tuned!

Cryptorphic

Daily Signals:- telegram.me/thecryptorphic

Coincatch:- bit.ly/15000USDTBonus

Bingx:- bit.ly/4000USDTBonus

MEXC : bit.ly/get9100usdt

Binance: bit.ly/cryptorphic1000

ELITES: bit.ly/Join_elite

Also on:

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.