Bitcoin / TetherUS
Viés de baixa

Bear Dominance !! Back To 40k

Weekly Time-frame

snapshot
Happened according to what i predicted.
Weekly time-frame now checking the demand zone $42,433 the breakout area of double bottom. From here if we have a strong demand zone we can pump from here and continue the up-trend.

1D Time-frame

snapshot
Daily time-frame is now printing green candle with long wick showing the strength of the demand zone at $43,100 to $41,900. We are having a Base Rally low volume then entry which is still Bullish.
We are currently in the last 3 strands of the EMA Ribbon.

4H Time-frame

snapshot
We are now below the 144 EMA and 233 EMA and the next support we can find is the 200 MA. The Demand zone seems strong enough as we can see a long wick after touching the zone. $42,500 is the breakout area of the double bottom, a retest to this then continue to the upside is possible.

1H Time-frame

snapshot
In 1h TF this is already the bottom. RSI is also oversold, AO is also Reversal trend.

How to trade
BTC long position
entry within $43,138 to $42,500
Leverage 25x
SL $41,834
TP 1 $43,758
TP 2 $44,413
TP 3 $44,942
TAYOR
DYOR
NFA


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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
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