Bitcoin - Playing around weak support
#BTC/USDT #Analysis
Description
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+ 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.
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Enhance, Trade, Grow
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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
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
Enhance. Trade. Grow
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Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.