Bitcoin / TetherUS
Long

Bitcoin - Playing around weak support

270
#BTC/USDT #Analysis
Description

---------------------------------------------------------------
+ Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times.
+ Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold.
+ I'm expecting a drop in price with a wick to touch 92K and bounce back immediately.
+ If bitcoin breaks below 92K then we can expect further crash to 80K level.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo
Nota
Price broke down and now testing the major support

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.