BAD NEWS – Support Lost

Bitcoin / TetherUS BINANCE:BTCUSDT

FX_Professor

Lost support for BTC , Nasdaq still dropping today and we need to be prepared for even lower.

US markets open in 3 hours and that might make things better…or (most likely) worse.

In any case, what used to be support at 33800 (end of ascending channel ) is now resistance.

Expect updates 1 hour after US markets open.

One Love,

the FXPROFESSOR

You might be interested in …

Trading View May 10, 2022

BTC – EMA 50 Drop and Death Cross – 4 h Chart

BTC – EMA 50 Drop and Death Cross – 4 h Chart Bitcoin all time history index INDEX:BTCUSD DennisJustTrade At the moment everyone is talking about a total crash but if you compare the past, […]

Trading View March 30, 2022

What could happen to Alice

What could happen to Alice ALICE / TetherUS BINANCE:ALICEUSDT imitini1 Looking through Alice, with most ALTS and BTC looking to make a change in trend from what we have been experiencing for a while. We […]

Trading View May 1, 2022

LUNA has a bearish divergence with RSI on weekly chart

LUNA has a bearish divergence with RSI on weekly chart Terra / Tether KUCOIN:LUNAUSDT IslandJOB Bearish divergence on the RSI . Possible re-test of lows. RSI playing key role of where buyers get back in.