$BTC Analysis
The price has been -9% down in a matter of days, after reaching a new mid-term lower low of $58,017
The $57930.00 - $56730.00 Decent support has been found around this area, meaning that we could build up short-term bullish momentum from here, enough for a couple of higher leverage shorter-term scalps.
The most important level, for now, has become $60,638 which was just turned into resistance and should be broken to the upside in the next few days to prevent further downside.
Up Probability: 42% - Down: 58%
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Closely watching the market for both long and short scalping entries on higher leverage. Spot long positions should be benefited greatly by our last move, as it gives us a chance to average down on them before a stronger move.
As always, stay safe brothers!
--------------------
Best Regards, iSmashProfit™
The $57930.00 - $56730.00 Decent support has been found around this area, meaning that we could build up short-term bullish momentum from here, enough for a couple of higher leverage shorter-term scalps.
The most important level, for now, has become $60,638 which was just turned into resistance and should be broken to the upside in the next few days to prevent further downside.
Up Probability: 42% - Down: 58%
--------------------
Closely watching the market for both long and short scalping entries on higher leverage. Spot long positions should be benefited greatly by our last move, as it gives us a chance to average down on them before a stronger move.
As always, stay safe brothers!
--------------------
Best Regards, iSmashProfit™
iSmashProfit
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