BTC/USDT (3D TF 100MA Key Support?)

💎Technical Analysis Summary💎

BTC/USDT

-After the recent strong selling on Bitcoin last week
-The price may have found support at the 31k dollar range
-This area is a confluence of previous swing support last January 2021 trading
-Also, the 100MA perfectly coincides in this area which gives an extra level of defense
-Now, the big question if the Bulls can hold this area in the coming days or weeks
-Because if it does, I think we will have a higher chance to retest the previous support
-But if the Bears can steal this game, a deeper push to 25k-21k is on the table
-Guys, be careful and always have a proper stop loss
-As the market volatility is high, Reduce position size if possible

⚠️Please always read the description⚠️

Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉

``````````````````````````````````````````````
If you need help/advice don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````