#ETH
🛑🛑🛑BTC Urgent urgent urgent update🛑🛑🛑
1️⃣ BTC PUMP After 3 days DUMP Is this a signal for BTC to rise for the second day or vice versa? Therefore, PUMP is expected to reach the 63600 areas as a maximum for today. Any breakthrough beyond that means confirmation that this rise is real, but a breakthrough must be confirmed with the 65480 area. This area is very necessary for BTC to rise.
2️⃣ We see many tails on 1H in the 62600 and 63400 areas, and these areas are very important for the rise of BTC or PUMP, so we expect to see a rise and fluctuation and not constant due to today’s news. For this reason, be careful. Last night, the prices were cheap to buy BTC, or we can say that they were areas to retest the rise.
3️⃣ The closest support area currently for BTC is 62600, also on the RSI indicator it is 49.34 on the 4H candle, so they are narrow areas and we cannot guarantee a rise from them until after testing the second rise in the event of a decline. The closest area is 62300 and even also 61900.
4️⃣ On the daily close, everything looks good, but these areas must be penetrated to ensure that BTC does not fall. A breakout of 63400 and then a breakout to confirm a continuation of 63600. If the breakout is confirmed, BTC is expected to reach the 64600 areas. Also, do not forget the RSI indicator, two very important areas, 49.34 and the second area, 52.47, so this is it. The most important areas
5️⃣ I have not finished the analysis. What about liquidity? The currencies are currently at 2.270. The target is 2.277, then a cross-sectional breakout to the better liquidity area, 2.296. After an expected breakout, we see a cross-section breakout also to 2.353. This area will be penetrated and many people will be liquidated, as happened several days ago from the area of 2.270 to 2.353. These are the areas of fluctuation, the breakout of 2.353, the next target is 2.403
