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22 apr 2021
Bitcoin Ready for another Big dump toward $44000...?
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#BTCUSDT TA update:-
BITCOIN
currently trading at $55000 level.
Short term bullish in small time frame but Big time frame #BTCUSDT bearish.
After Brokeout $59000 BTC sharp dumped till $51300
This is also very important level.
After dump some recovery in btc but I am expecting this is retest level.
Retest level:- $57000-$59242
After this we can see 2 scenarios:-
Scenario 1st:-
After retest we can see again Big dump till $44000 as per TA analysis.
Scenario 2:- If any daily candle close above $60000 then Again we bullish because this is very strong resistance level.
Again I suggest you Don’t trade blindly always trade after confirmations.
Support:- $50806/$44262/$37462
Resistance:- $60000-$61000/$65000
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CryptoPatel
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