#BTCUSDT Short Tf update...

By Cryptorphic
Updated
Will keep it very short.
Getting rejected from the blue MA. Sitting at the support.
Decent volume. Being hammered multiple times.
It needs to get above the 42K mark soon for the bulls to take control.
Losing the support will trigger selling activity all the way to 35k and even lower.
Am not saying am bearish, you just have to be prepared for every scenario.
BTC is likely to bounce from the support trendline here.
More info in the chart, please observe.
It's on support now, Let's see how the price reacts during the weekends.

Do hit the like button if you like these short updates.
Thank you


#PEACE
Trade active
snapshot

Broke down in LTF, Suport just above 37k level.
Comment
LTF Support is around $38243
Trade active
snapshot
This is 15 mins chart for USDT.D, a possibility of a little pump here that will give us better entries in altcoins that I am posting.
Take a maximum portion of your entries at lower levels.
Trade active
snapshot

BTCUSDT Bouncing from the lower support trendline (black).
This is acting as a support so far in LTF Charts.
BTC must maintain the 38k better if it closes above the 39.4k level by the weekly close.

Stay tuned
bitcoinforecastbitcoinideaBTCBTCUSDBTCUSDTbtcusdtlongBTCUSDTPERPbtcusdtshortChart PatternscryptorphicTechnical IndicatorsTrend Analysis
Cryptorphic
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

Related publications

Disclaimer