BTCUSDT $29200 Weekly Update #30 Tuesday July 25 2023 Part1
BTCUSDT 29200 Weekly Update #30 Tuesday July 25 2023
Support
28.5-28.0k (0.38-0.5fib)
SL 4.0-4.5%
31.5k (Close 40-50%)
35-37k (Close 40-50% )
Resistance will remain 31-32k till broken.
Secondary resistance at 35-37k
Will discuss 24-22k (about the Q21ema) support if price breaks below the 27.3-27.5k
For the Macro:
The Fib levels for target supports remain 0.382-0.50fib or ~22-24k.
Will discuss about 0.618fib if/when necessary, specially on the macro level. That is a strong buy zone if it retests it for the Wave2 potential bottom.
Will continue to monitor the wave2 directional trend with the 3D macd and Wmacd.
In part2 and Part3 , I covered Altusdt: AVAX, DOT, DOGE, KSM, LINK, UNIT, XTZ
Support
28.5-28.0k (0.38-0.5fib)
SL 4.0-4.5%
31.5k (Close 40-50%)
35-37k (Close 40-50% )
Resistance will remain 31-32k till broken.
Secondary resistance at 35-37k
Will discuss 24-22k (about the Q21ema) support if price breaks below the 27.3-27.5k
For the Macro:
The Fib levels for target supports remain 0.382-0.50fib or ~22-24k.
Will discuss about 0.618fib if/when necessary, specially on the macro level. That is a strong buy zone if it retests it for the Wave2 potential bottom.
Will continue to monitor the wave2 directional trend with the 3D macd and Wmacd.
In part2 and Part3 , I covered Altusdt: AVAX, DOT, DOGE, KSM, LINK, UNIT, XTZ
