BTC.Usdt (Y22.P1.E13).Short term scenarios
Hi All,
#BTC is bullish now the question is how low can it go.
I have these 2 levels, based on these key levels.
42500 level as main resistance.
We have the 618 fib as support and we have the VWAP giving the volume weighted pricing.
We also have the CPR indicator which shows 3 elvels of 40k, 41120 and 42150 monthly levels.
Looking at the open interest chart, as we publish this we are getting some open interest coming in but nothing big, yet.
If the price was to drop to the VWAP blue range, I will be looking to enter more BTC.
Note the daily RSI and the formation is giving us a squeeze to be breaking to the upside.
All the best,
S.SAri
#BTC is bullish now the question is how low can it go.
I have these 2 levels, based on these key levels.
42500 level as main resistance.
We have the 618 fib as support and we have the VWAP giving the volume weighted pricing.
We also have the CPR indicator which shows 3 elvels of 40k, 41120 and 42150 monthly levels.
Looking at the open interest chart, as we publish this we are getting some open interest coming in but nothing big, yet.
If the price was to drop to the VWAP blue range, I will be looking to enter more BTC.
Note the daily RSI and the formation is giving us a squeeze to be breaking to the upside.
All the best,
S.SAri
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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