#BTCUSDT at decisive point. Triple bottom in play?
42k is a crucial level for BTC to hold.
Triple bottom formation in play.
Bullish divergence in RSI.
If the triple top in USDT Dominance works out.
We are likely to bounce from here.
But it's always better to stay extra careful when you are trading a market that never sleeps.
Close below 40.9k will tigger a rally towards 38k which has been plotted as scenario (LESS LIKLEY BUT POSSIBLE)
Let me know your thoughts.
Do hit the like button if you want me to post more of these short updates during unusual market behaviour.
Thank you
#PEACE
Triple bottom formation in play.
Bullish divergence in RSI.
If the triple top in USDT Dominance works out.
We are likely to bounce from here.
But it's always better to stay extra careful when you are trading a market that never sleeps.
Close below 40.9k will tigger a rally towards 38k which has been plotted as scenario (LESS LIKLEY BUT POSSIBLE)
Let me know your thoughts.
Do hit the like button if you want me to post more of these short updates during unusual market behaviour.
Thank you
#PEACE
Free Telegram Daily Futures signals:- telegram.me/thecryptorphic
Signup & get Upto $15000 USDT bonus & Trade with me in our Premium Discord for free:-
bit.ly/15000USDTBonus
Join My ELITE CLUB:- bit.ly/Join_elite
Signup & get Upto $15000 USDT bonus & Trade with me in our Premium Discord for free:-
bit.ly/15000USDTBonus
Join My ELITE CLUB:- bit.ly/Join_elite
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.