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ponzialchemist

BTC Critical Resistance turned support

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
ponzialchemist Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Technical Indicators BTCUSD
5
0
indicator btcusd
BTC Important Resistance turned support with bullish momentum divergence on 12Hr. The reaction is also strong, daily close should confirm.
Comment:
If one wants to be cuter or take high-risk position, a pullback to 26k is ideal although not guaranteed.

snapshot
Comment:
Also, very likely price just consolidates in this region because I doubt any significant move will begin before CPI/FOMC next week.
Comment:
Additional warning:

"SEC TO TEMPORARILY FREEZE ALL BINANCE US ASSETS: FILING"

Better to sit out until next week to see how this SEC drama unfolds. Could well be a double shakeout Bart.
Comment:
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