Since a fellow trader asked, I'm putting the 4H chart too.
Things look better on the 4H chart but there are still strong resistance areas ahead and we haven't confirmed any bullish moves yet.
BTC is consolidating, But wait for more confirmations. There are massive sell volumes detected in the market.
Sell volumes and supplies are rising as we're pushing more into the resistance area .
Risky market, control your positions, use risk management.
Two potential support areas on the chart for holding the price up in case of a crash.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $47000
Good Luck
Tell me your ideas. Like and Share
Things look better on the 4H chart but there are still strong resistance areas ahead and we haven't confirmed any bullish moves yet.
BTC is consolidating, But wait for more confirmations. There are massive sell volumes detected in the market.
Sell volumes and supplies are rising as we're pushing more into the resistance area .
Risky market, control your positions, use risk management.
Two potential support areas on the chart for holding the price up in case of a crash.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $47000
Good Luck
Tell me your ideas. Like and Share
