BTCUSDT breaks the 19830 limit zone and forms a strong bearish momentum within the bearish price channel and thus tests the 18626 support level and channel support. We see price making a false breakout and starting to form a pullback
Since we have a strong bearish trend, I think that the momentum might not be over and if the price stops and goes back to retest 18626 support, breaks through the support and consolidates under it, there is a chance that it will continue going down to 17622.
But we have a false-break of the price channel, and the price reacted strongly to that support trendline, so chances are high for the price to retrace to the resistance at 19830.
I assume that the fall will continue, but we have to wait to see what the price will show. If the price starts to test 18626, then we look for an entry point near this level. If the price continues to form a pullback, then we look for resistance 19830.
Regards R. Linda!
Since we have a strong bearish trend, I think that the momentum might not be over and if the price stops and goes back to retest 18626 support, breaks through the support and consolidates under it, there is a chance that it will continue going down to 17622.
But we have a false-break of the price channel, and the price reacted strongly to that support trendline, so chances are high for the price to retrace to the resistance at 19830.
I assume that the fall will continue, but we have to wait to see what the price will show. If the price starts to test 18626, then we look for an entry point near this level. If the price continues to form a pullback, then we look for resistance 19830.
Regards R. Linda!
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.