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LIVETrader-İCe
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The support-resistance levels I mentioned at $BTC worked exactly. I am sharing detailed 4-second and 15-minute graphic views of #btc for you to examine. Please examine the candle closings, wicks and the support-resistance contacts I mentioned by enlarging the image.
So what's next now?
After the falling trend at #Bitcoin was broken with the 5th contact, a retest occurred immediately after and it reached the resistance levels I mentioned millimeters. First of all, we investors need to look for a rising trend formation again from now on. Now the price is likely to remain horizontal between two resistances. Meanwhile, if it moves horizontally, it will be inevitable that we will see some further recovery at the bottom. If everything remains positive and Bitcoin continues to rise, the next resistance level is 71,285.
NOTE: Bitcoin usually tests the resistance it broke and that level now turns from support to resistance. An example of this can be seen at the level of 64,747 in the chart I shared.
Another important data we need to follow is USDT.Dominance. It received rejection from the downtrend and resistance level and has been falling for about 32 hours. With the decrease in USDT.D, stable coin USD has entered BTC and alts, and with USDT.D decreasing by 7% from yesterday to today, alt coins have increased by approximately 10%-30% on average. If Bitcoin Dominance rises a little more, it is normal for the alts to be a little more battered.
#Binance #btc #ETH $SOL $PEPE
So what's next now?
After the falling trend at #Bitcoin was broken with the 5th contact, a retest occurred immediately after and it reached the resistance levels I mentioned millimeters. First of all, we investors need to look for a rising trend formation again from now on. Now the price is likely to remain horizontal between two resistances. Meanwhile, if it moves horizontally, it will be inevitable that we will see some further recovery at the bottom. If everything remains positive and Bitcoin continues to rise, the next resistance level is 71,285.
NOTE: Bitcoin usually tests the resistance it broke and that level now turns from support to resistance. An example of this can be seen at the level of 64,747 in the chart I shared.
Another important data we need to follow is USDT.Dominance. It received rejection from the downtrend and resistance level and has been falling for about 32 hours. With the decrease in USDT.D, stable coin USD has entered BTC and alts, and with USDT.D decreasing by 7% from yesterday to today, alt coins have increased by approximately 10%-30% on average. If Bitcoin Dominance rises a little more, it is normal for the alts to be a little more battered.
#Binance #btc #ETH $SOL $PEPE
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