💎Technical Analysis Summary💎
BTC/USDT
-After the breakdown of the upward trendline support and 50D MA
-The price continued lower and currently testing the 100D MA area
-This is the second day of trading just barely above this important moving average
-If the Bulls failed to defend this current level
-Bitcoin could drop to 44k area which coincides of previous key pivot of support
-Take note of the increasing bearish volume which indicates a warning sign
-Please be cautious at the moment because there are no signs of bullish strength yet
-Make sure to follow your stop loss and try to reduce your position size
-Only strict risk management rule can help you survive during this type of market condition
-I will update the market once new price action develops
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins miguelsotelo139 🙏🎉
``````````````````````````````````````````````
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!😊💕💖
``````````````````````````````````````````````
BTC/USDT
-After the breakdown of the upward trendline support and 50D MA
-The price continued lower and currently testing the 100D MA area
-This is the second day of trading just barely above this important moving average
-If the Bulls failed to defend this current level
-Bitcoin could drop to 44k area which coincides of previous key pivot of support
-Take note of the increasing bearish volume which indicates a warning sign
-Please be cautious at the moment because there are no signs of bullish strength yet
-Make sure to follow your stop loss and try to reduce your position size
-Only strict risk management rule can help you survive during this type of market condition
-I will update the market once new price action develops
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins miguelsotelo139 🙏🎉
``````````````````````````````````````````````
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!😊💕💖
``````````````````````````````````````````````
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.