Helical_Trades

BTC/USD : Rejected from 1st bullish trendline

BITSTAMP:BTCUSD   比特币
BTCUSD
Hello everyone 😃

BTC had a rejection from bullish trendline, Also last closed candle confirmed it..
There are many newcomers who use high leverage, so every price dump is Huge.
The major part of stop losses and liquidations are located in the zone $52000 - $52500.
Now MACD had a bearish crossover on 4H and 6H TF, So we expect a retest on 2nd bullish trendline and Support zone !

📌 Below 52K zone will cause more fall, Shorting BTC is so risky now, Just USDT...

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

🔴 Don't forget to join our channels for FREE Premium stuffs !

TELEGRAM :
t.me/Helical_Trades

Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。