BTC is in a consolidation range between 30,000$-40,000$.
Break of any zone will define the trend to go long or short.
Wait for price action to show more information.
Trading suggestion:
Buy At: $37340
Take Profits:
TP1= $38260
TP2= $39620
TP3= $40660
SL= $36660
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$BTC|USDT
Once Again,
BTC Got Rejected From TrendLine Resistance At 38500$ (approx.)
Also Breaking Down The Support Level At 36500$ (approx.)
Flipping It Back To Resistance,
Approaching Towards Next Support i.e., 34500$....
If 34500$ Support Didn't Hold Then ,
We Likely To See a Free Fall Towards Liquidity Raid📉With A Possible Long Wi
Daily Support Zone (Yellow)
H4 Support zone (Red)
BTC still has some room to go further down to 40,000-42,000$ zone, if it maintains that zone we will be looking to go long.
If it does not maintain that zone then next support zone is near 30,000$.
BTC Doesn't Looks Good.We Have to Stay Above $15600-$15700 Price to Not to Be Worried About Going to $13500 Area.We Might Go to Retest $16400 Again and then Go to $19500 or Go to Below that Around $15700 and then Go to $19500 + ...Lets See What Happens Next.BTC Have Always Shcocked Us
