🛑🛑🛑BTC Urgent urgent urgent update🛑🛑🛑
1️⃣ As I see, BTC is trying to break through the previous resistance area, which is at the 57400 area. This is a very important area. It needs more than a 4H close to go up, with the presence of a very strong downtrend that is difficult to break through now, so what is likely now is a drop from the same area that tried to break 57400. Now for BTC to go up, it must be broken. The 58900 area is in order to ensure that this area will not be easily broken again. Any rise above the 57500 area requires more than a 1D daily close in order to remain in the same area. And on the RSI indicator, the failure and fall from the 48.38 area is very clear. The resistance was the 49.91 area, so the failure explains the violent decline that occurred. There is also a break. From a very important area, which is 45.13, the support area, now the RSI is in the 43.38 area on 4H, and this thing shows that a decline is coming and will continue for BTC. Also, the positive thing today is the decline of BTC’s possession to the 54.64 areas instead of the most important rise that happened.
2️⃣ TOTAL's liquidity is suffering again, knowing that the daily closings for all currencies and most of the charts were red today. The opposite is the reason that today is the beginning of the weekly market days, so the movement starts from here. As I see, several hours ago, the market value decreased by 40B in just 3 hours, and this is a good and negative thing because The candle is close to becoming red now. Liquidity is 2.028. We need a close above this very important area. 2.047. The best close will be above the 2.097 area. So anything now is just liquidity in alternative currencies. Buying is very simple, unlike some currencies that have obtained liquidity. I will talk about it in the next post.
3️⃣ The dollar USDT.D is still bullish and we may see a strong PUMP for it as well
