BTCUSDT bullish view
1) respect support
2) rising rsi
3) sharpfall but fail
4) trendline breakout
note- this is my expectaion, if you like consider otherwise ignore it. #mrspray
BTCUSD trade still in the extreme pressure. Trade will bounce as correction will be over. Trade will revert from yellow area. you can enter around yellow area for buy. Upside of BTCUSD around 73000-80000 level will be vulnerable.
BTCUSDT has formed Double Bottom at support level , and rsi forms higher lows. so here i expecting bullish move towards 54500 level. this is purely my opinion only. if you like consider my idea otherwise ignore it.
#mrspray
BTCUSDT is inside steep triple parallel channels.
When it touched the lower bound of the 2nd green channel last time, it had been rebounded and made a new local high.
If the history would be repeated, it will touch 6,000 USD.
This is not a financial advice. :-)
BTCUSD our previous resistance areas have been taken out, This puts it back to bullish territory.
The same band is acting as a support zone now. A clean break above the 58500 composite profile edge will give it a potential run to 61k/63k level areas.
BTCUSD new update analysis. Moved exactly as I predicted 10000+ PIPs. Next target will be 69000. Don't forget to put your share in my support. Good Luck
