BTC update May 23, 2024
➕H4 frame:#BTCcreates a gradually lower peak and low, creating a short-term downtrend. The 2 areas that can be retested are 68k3 (at EMA34), lower is 67k5.
➕Frame D1: 2 consecutive red candles forming, it is possible that the next situation BTC will correct slightly today.
🔥Today there will be news about#ETHETF. The approval rate is currently 75%. If approved, Altcoins, especially the#ETHsystem, will have a major price increase.
🔥Still pay attention to the Layer2 models mentioned yesterday:#OP-#STRK#ARB
🤙Today's trading plan: LONG BTC soup in areas 67k5 - 68k3.
👍Target increased again to Zone 71k5 - 73k6. Wishing you good luck in your new trading day...