💎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!😊💕💖
``````````````````````````````````````````````
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。