Is new week again to trade and experience the wave of the market, today I decided to make proper technical analysis on the most famous coin which is Bitcoin the father of all crypto. 👑
So today I will be showing you guys my view and key points to look out for in the market, there are some price levels I'm looking at currently which I feel like sharing to everyone here.
BTCUSDT DAILY TIMEFRAME 📉📈 (BINANCE)
I'm more of Swing trader I love to see the chart from the higher timeframe then narrow it down to lower timeframe for my execution basically my major timeframes I use are *weekly daily 4hr 1hr 30min.
These are my major timeframes that I switched in between.
Bias ⭐
Currently we are flaming into bearish momentum on the daily timeframe, my bearish trend line is still holding we are also at a mini supply level I think we might drop lower before the major spike technically selling from here is the best option.
The 26465 to 28000 is currently acting as our supply leves.
Selling to where exactly
I think we might be going down to 24000 to 22000 i still think this zones looks good for continuation of the price movement we can rally up to 32000 after breaking those highs.
The 28000 liquidity pool looks good for sweeping it might take some weeks but is coming so soon. If the 22000 price level failed we might be looking at the 20000 but that's the lowest we can get to for now until we are proven otherwise.
Disclaimer
This is not a financial advice always do you research before investing your money in crypto my content is just an idea not a signal thank you for visiting my blog 😔💞