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Finally we will see $40K on BTC #BTC #Bitcoin #Cryptocurrencies
Hello guys, here again with another analysis. This time it is on BTCUSD, yes everyones favorite pair even though yall aint holding it, if you are, I would say to take some profits, as it is about to dump.
Daily, as you can see I have drawn the higher highs and higher lows in pink and recently price just broke the previous low, meaning break of structure. I have drawn the lower low and lower highs in black. Price has also came back to retrace for 50% which now is sitting a S/R level and making this resistance.
Just an analysis and how I am looking at BTCUSD right now. If you wanna short it, do trade with caution and use risk management. Please do like if you agree, comment if you disagree tell me why and follow for more. Thanks :)
*not financial advice*
Daily, as you can see I have drawn the higher highs and higher lows in pink and recently price just broke the previous low, meaning break of structure. I have drawn the lower low and lower highs in black. Price has also came back to retrace for 50% which now is sitting a S/R level and making this resistance.
Just an analysis and how I am looking at BTCUSD right now. If you wanna short it, do trade with caution and use risk management. Please do like if you agree, comment if you disagree tell me why and follow for more. Thanks :)
*not financial advice*
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