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Technical analysis by MYTraderMalaysia about Symbol BTC on 2/24/2022

https://sahmeto.com/message/3323497
MYTraderMalaysia
MYTraderMalaysia
Rank: 7533
1.6

BTCUSDT What is it?

Neutral
Price at Publish Time:
$37,155.36
،Technical،MYTraderMalaysia

Alright, looks like with all the situation with Russia - Ukraine BTC is also taking a hit. POSSIBILITIES 1) A sustain bounce from current level (35K) which is a zone of Monthly Downtrend Trendline 2) A double bottom, given that we are entering weekend 3) A further downward movement to 31K-30K of May-July 2021 low In term of volume, BTC do have fairly good strength to bounce at least for short period to 37K, but given the situation between Russia-Ukraine, we might see further downside. Anyway, do trade safely. Follow your strict Strategy, Planning & Money Management.. DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade. You should not make a trade solely based on my analysis Market is a volatile place, be sure to make your own analysis and judgement.. BTCUSDT

Source Message: TradingView
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