Bhavdipn

Bhavdipn

BTCUSDT chart today shows the indication to take support @ 40856.57 and if it breaks that level in 4 hour time frame on Monday UTC market open time, we might see a fall to 39097.76 within next 4 to 5 candles of 4hr TF. I will not trade futures until the candle remains in the red rectangle zone shown in my chart. BTC shows a weak support @40856.57 and very strong...

Bhavdipn

Keep an eye on 4 hr time frame of BTC. As it breaks the level of 42000 and 41000 we might see more correction in BTC & if it retraces from 42000 and 1 day candles shows close above 42000 we might see few 1 day bullish candles. Please Note: Both the momentum indicators (RSI and Stochastic) shows over sell zones in 4 hr TF which is only the positive news to show...