After a big drop, bitcoin bounced back and tested the resistance zone. There is now a strong possibility that another wave of decline could occur.
Let's look at the May fall, now the same scenario could happen. After the first strong drop, there was another wave of decline, updated the low, collected liquidity, and then went up.
In case of a false breakdown of $42k, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Let's look at the May fall, now the same scenario could happen. After the first strong drop, there was another wave of decline, updated the low, collected liquidity, and then went up.
In case of a false breakdown of $42k, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Comment:
Bitcoin full update
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