CryptoCheck-

BTCUSDT 📈 Flash-Crash or Slow-Bleed ?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi Traders, Investors and Speculators 📈📉

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫

We're looking at a grim situation on the BTCUSDT chart; the next local support zone / demand zone is anticipated only around $11500 . This is confirmed by a bearish technical indicator Phoenix Ascending, where the red RSI is around 20 and the grey momentum points towards bears being in control. Now the question remains, is it going to be a flash crash down or a long, cold crypto winter with a slow bleed down to $11K?


Since you're here! Here are a couple of bullish reversal patterns to look for:


_______________________

📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍



We thank you for your support !
CryptoCheck

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.