BTCUSDT - Long entry @ 41600 (pending)

14 באפר׳ 2022

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)

18 באפר׳ 2022

עסקה פעילה

Banks and stock market is on holiday today since Friday. This could be a reason why we are running so slow. BTCUSDT broke under all support levels in the mean time, looking for support.

We could be heading to 38300 which is the ~78% fib retracement (Jun 2021 low to the Nov 2021 ATH).