11-4-2021
#BTCUSDT update (Short Term movement)
Bulls retesting 59/61K there's no strong breakout for this resistance yet probably due to the weekend, in next week the bulls must make their intentions clear if they looking for A NEW ATH this month, and if they did that, the new ATH will be around 68/71K, but if they fail to do that and price went below 54K again this will be a clear sign for the dump.
Current action, we still wait for a clear breakout for $61 to join btc or buy retesting at 58/56k zone if bulls hold above.
Ps:
weekly performance doesn't looks good so be sure you follow risk management with your trades.
Although the chart looks good for bullish TA But I am very cautious in trading from these levels, I see that they are profit-taking levels since the beginning of last month and the apparent weakness of the momentum supports me in that, so my personal opinion (Biased view, Subject to fail), i see dump coming and my view still active as long as bulls don't show their full power and breakout 67/70K with a weekly close above. during that, We Trade What’s Happening... Not What We Think Is Gonna Happen.”
Good luck to all.
🙏we ask Allah reconcile and repay🙏