๐ BTC/USDT Update (1M Timeframe)
๐ The market is in an interesting zone right now!
๐น Price: $81,568
๐น Reaction near EMA(7) & EMA(25)
๐น A small bullish candlestick is forming (Marked Zone ๐ต)
๐ก Analysis:
This zone is very important โ we could see two scenarios from here๐
1๏ธโฃ If we breakout โ Next target is higher resistance ๐
2๏ธโฃ If we get rejected โ A pullback could happen ๐
โ ๏ธ New Traders Tip:
Wait for confirmation before entering (Donโt fall for fake breakouts)
๐ฅ Strategy:
โ๏ธ Entry is better on Break & Retest
โ๏ธ Always use a Stop Loss
โ๏ธ Risk management is king ๐
๐ฌ Do you think BTC is going up or down from here?
Let us know in the comments ๐
#BTC #Crypto #Trading #Binance #MarketAnalysis #BTCUSDT
๐ The market is in an interesting zone right now!
๐น Price: $81,568
๐น Reaction near EMA(7) & EMA(25)
๐น A small bullish candlestick is forming (Marked Zone ๐ต)
๐ก Analysis:
This zone is very important โ we could see two scenarios from here๐
1๏ธโฃ If we breakout โ Next target is higher resistance ๐
2๏ธโฃ If we get rejected โ A pullback could happen ๐
โ ๏ธ New Traders Tip:
Wait for confirmation before entering (Donโt fall for fake breakouts)
๐ฅ Strategy:
โ๏ธ Entry is better on Break & Retest
โ๏ธ Always use a Stop Loss
โ๏ธ Risk management is king ๐
๐ฌ Do you think BTC is going up or down from here?
Let us know in the comments ๐
#BTC #Crypto #Trading #Binance #MarketAnalysis #BTCUSDT
