EYFMarkets

BTCUSD Idea

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BINANCE:BTCUSDT   Bitcoin / TetherUS
G'day, Guys.

Today we analyse the most popular Cryptocurrency (BitCoin)

By referring to my previous analysis on May 25, 2021. This pair reach 29,685.65 on May 19, 2020 level which is the exact support level from previous support on Jan 22, 2021.

And predicted reaching 40k zone which is was completed the first touch on June 14 and rejected another test June 15 and rejected. We expect this price will start to bearish heading to 31,164.54 Level. Before that, it might be creating another retest on the 40k zone.

There was two possibilities here,
The first option I started to shorting this pair with Stoploss at 42,148.30. And if this Stoploss triggered, I will be waiting for Market Structure to make confirmation of Buy this pair.

FYI, this pair was been a 99% accurate prediction since April 19, 2021.
Please refer to my previous posting on my Trading View Page.

* Educational and Learning purposes only. No Buy/Sell recommendation. This is not investment advice.
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