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🔶 Daily update: #BTC [24-11📅]
✔️Retest of the 36 800 - 36 700$ almost done yesterday.
$BTC price is again trading around the major resistance zone.
📈Many test of the resistances, and #alts also pulled back on major supports.
📈It's a good sign for the bulls
📈H1 view is flipping bullish again.
We could see a big breakout toward 38 500$ soon.
❗️It's not impossible to see another dump around the top resistance
But look at how each dips are buying!
🎯Lower support: 37 300 - 37 000 - 36 750$
📈 #altcoins could move upward for many days again in case of $BTC breakout.
🎯Level by level.
Adapt your trading strategy regarding the #bitcoinprice & Altcoins breakout. (up or down).
LIVECrypto_Jobs
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Bearish
🔶 #Bitcoin - Daily - weekly update 📊
📈The last daily close was bullish
⏳The price is currently stuck into this range zone below the critical resistance 37 700 - 37 900$.
📉Short term: I see a rejection & a retest of the 36 700 - 36 800$ support. (Neutral zone)
If we zoom on the weekly TF:
❗️RSI at 76 (overbuy zone)
❗️There are no major support below
❗️We also didn't see any retest of the W breakout
❗️Is it a triple top forming?
The $BTC price will probably range for some time.
Main scenario:
📈A daily close above 38 000$ could lead to a breakout toward the 43 200$ & 48 800$ (zone)
📉If it lose the local uptrend & range zone (below 36 000$) the price could correct toward the D - W supports & uptrend below. (33 100$ - 31 900$ and 31 100$)
Be carefull with volatility on #altcoins❗️
I feel unconfident to long below 38 000$. In my opinion there is a great chance to see correction 📉
#btc #eth #etf
📈The last daily close was bullish
⏳The price is currently stuck into this range zone below the critical resistance 37 700 - 37 900$.
📉Short term: I see a rejection & a retest of the 36 700 - 36 800$ support. (Neutral zone)
If we zoom on the weekly TF:
❗️RSI at 76 (overbuy zone)
❗️There are no major support below
❗️We also didn't see any retest of the W breakout
❗️Is it a triple top forming?
The $BTC price will probably range for some time.
Main scenario:
📈A daily close above 38 000$ could lead to a breakout toward the 43 200$ & 48 800$ (zone)
📉If it lose the local uptrend & range zone (below 36 000$) the price could correct toward the D - W supports & uptrend below. (33 100$ - 31 900$ and 31 100$)
Be carefull with volatility on #altcoins❗️
I feel unconfident to long below 38 000$. In my opinion there is a great chance to see correction 📉
#btc #eth #etf
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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