BTCUSDT – Long entry @ 41600 (pending)

Bitcoin / TetherUS BINANCE:BTCUSDT

Scribes

BTCUSDT managed to pierce and pullback the 50% fib yesterday.
We need to close above that level to be more confident on the new uptrend.
The price went very close to triggering our buy with a high of 41555(pending buy @ 41600).

I expect a further move above the 50% fib.

Downside risks
S1 @ 40600
S2 @ 40000
S3 @ 39200 current bottom level

Upside resistance
R1 @ 42600 (50 ema )
R2 @ 42800 (61.8% fib)
R3 @ 43200 (100 ema )
R4 @ 44600 (200 ema )

You might be interested in …

Trading View March 23, 2022

LOOPRING (LRCUSDT) MID to Daily tf Range Updated till 23-3-22

LOOPRING (LRCUSDT) MID to Daily tf Range Updated till 23-3-22 Loopring / TetherUS BINANCE:LRCUSDT cryptoforever1 LOOPRING (LRCUSDT) midtier to Daily timeframe range. if you look at the hyper aggressive pump from November 2021. you can […]

Trading View May 8, 2022

DUMP IT

DUMP IT Luna / TetherUS BINANCE:LUNAUSDT Weooo as you see the top is in many will suffer hodling this all the way down good luck

Trading View June 1, 2022

BTCUSD: 3 More Weeks Potentially Before Sign of Strength Attempt

BTCUSD: 3 More Weeks Potentially Before Sign of Strength Attempt Bitcoin / U.S. dollar BITSTAMP:BTCUSD WyckoffMode Hi Everyone! I wanted to provide an update before catching up on more sleep. As pointed out in the […]