$BTC Latest Update:
๐ Hello everyone, I hope everyone is making a good profit from our analysis. Because I provided a bearish update while trading at 43000, and BTC dropped to a maximum of 40673, gaining a maximum of 5.4%.
๐ As per the 5m chart, BTC is currently facing resistance at 41345 and a support level at 40718. BTC is currently in a temporary bullish momentum and a strong bullish phase, so there are high possibilities of breaking the resistance level. Once broken, BTC may possibly reach 41800-42000 for a retest.
๐ As per the 15m chart, BTC is currently facing a support level at 40855, and the resistance level is unidentified now. Today will not create a new resistance level. However, BTC will retest around 41600 and above. BTC is currently facing a strong bearish momentum and a strong bearish phase, so there are high possibilities of breaking the support level after 2-4 hours, I think. So, everyone, trade with enough funds.
๐ Let's see what will happen in the BTC market. Don't believe any fake movements against the market momentum. So, I always suggest trading with enough funds.
๐ Somebody's asking about SL; I can't provide any specific SL. But I can advise avoiding any losses. Everyone knows I provide accurate information at the correct time. So, everyone can change their trade direction after receiving updates from me. Always keep your Liquidation price within a $2000-$2500 price range difference. For example, if you have a short position now, you need to keep your Liquidation price at 43500-44000. Always try to follow this method to avoid Liquidation.
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Thanks for your support and love โค๏ธ.
Author : @Future Trading Expert - Tamil Nadu (For All) BXT