BTC/USDT (Testing Mid Resistance)

30 de abr. de 2021

💎Technical Analysis Summary💎



BTC/USDT

-Looking at the 2D time frame chart, BTC found support at 50MA
-We can see two perfect rejected candles closes above the 50MA
-And followed by two green candles and trading at 56.6k dollars
-Currently, Bitcoin is facing a minor mid-Fib resistance zone
-This resistance area is the previous bear flag last April 17-19 trading
-If BTC can reclaim above the 58k dollar and hold
-I think the probabilities to retest the all-time high price increases
-This current 2D candle closes in the next 6 hours
-This is very important to determine the next potential price action this weekend
-And for the first time, the monthly candle is about to close in red
-We will have an indecision candle if we can see higher highs or start to correct
-So please always follow your stop loss because is the only way to cut our emotions and reduce the risk
-Have a nice weekend everyone and stays safe!




⚠️Please always read the description⚠️

Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉


``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````