BTC RS Levels: Resistance 43443 & Support 42355
Trends Information:
Trend 1: Bearish
Trend 2: Temporary Bearish
Trend 3: Bearish
Trend 4: Temporary bearish
Final Trends Confirmation: BTC currently faces a temporary bearish trend on Trend 4. So, BTC will lead to a drop of 1-1.5% at any time, then it will raise. Suppose trend 4 is converted from temporary bearish to a Bearish trend, we can expect a significant fall. If not converted, we can't expect a big fall, and we may see fluctuations of 1-1.5% in price, moving up and down like sideways.
Momentum Information: BTC is currently trading in a temporary bearish momentum, which has a high possibility of entering a bearish momentum for a substantial fall. BTC can't break the resistance; if BTC's price has raised above resistance, we can expect sudden falling. Because BTC is currently trading in temporary bearish momentum and trends. So we can't expect a real breakout on resistance.
Price Expectation: BTC can drop below 42500-42300. If it enters a bearish momentum, we can expect the price to drop to 41700-41250.
Note: I am always sharing accurate information, so please do trade with enough funds and don't take any high-risk trades. Always keep your liquidation price at the 3000$ price range. Don't panic if faces manipulation. Please keep in mind that in temporary bearish momentum, BTC can't raise or drop significantly.
#BTC; TC is currently trading at 43065
Author: @RoOhis Analysis
