BTC: BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update.
BTC got rejected from the $42,500 level and once again dipped below $40k. But the good thing is that we get a daily close above $40k. As long as BTC holds the $39k-$40k level in the daily chart, it looks good to me.
According to this 4-hour chart, after breaking out of the falling wedge-like structure BTC comes for a retest. Bouncing from the green zone after touching it. I'm expecting a good bounce from here and again it is going to test the $42k resistance.
Invalidation Level:- If any 4-our candle closes below $38,500
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Bounceincoming
TOTAL2: ALTS STARTS BOUNCING AGAIN SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL2 aka Altcoin market cap update. Total2 is the market cap of the whole market excluding BTC means which measures the market cap of all the Altcoins.
Total2 forming an Adam&Eve pattern 12hr time frame. After the breaking out of the neckline currently it is going for a retest. The retest level is at around $1.14T from where we can expect a good bounce in Alts.
As of now, it's better to wait for a long entry and if you holding any then hold only on spot.
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