noob_trader_7
@t_noob_trader_7
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noob_trader_7
After a bearish rally 3 days ago, the price found its support and is hovering within a range. The support seems to be strong and BTC is making higher lows. There can be two possibilities. If price falls, it will take support and retrace upwards, or if the price rises, it will hit the resistance level and retrace downwards. This is just my opinion, please always do analysis before you make any trades.
noob_trader_7
Just sharing my idea on BTCUSDT. I think, there is a high possibility that the price of BTCUSDT may fall due to its current position around a zone that has been a resistance previously. If price rejects this level and breaks upward trend in lower timeframes, it is highly likely that price will fall and take support at the marked level.
noob_trader_7
I did a simple trend analysis, and there happens to be a breakout of the trend, as it entered consolidation. I am expecting a push bullish trend to mitigate the fair value gap. What are your thoughts?
noob_trader_7
A simple trend analysis on BTCUSDT. I think there is a high possibility that the price will drop and take support on the nearby support zones. What are your thoughts?!
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