Analysis of #BTCUSD
BTCUSD has been forming a bottom in the last couple of weeks and managed to establish a mini uptrend which faced resistance near 48000, now the market formed bullish harmonic Bat pattern which completes the D leg near 41000 first support for a buy.
if the market failed to hold support level near 41000 we can expect the market to move to its tend line support near 38000 ultimate support level another buying opportunity
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
BTCUSD has been forming a bottom in the last couple of weeks and managed to establish a mini uptrend which faced resistance near 48000, now the market formed bullish harmonic Bat pattern which completes the D leg near 41000 first support for a buy.
if the market failed to hold support level near 41000 we can expect the market to move to its tend line support near 38000 ultimate support level another buying opportunity
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
