BITCOIN Exclusive Update For Short Term Bearish Mode for COINBASE:BTCUSD by CryptoPatel

BTCUSD Technical Chart Update:

BTCUSD Current Price is $8700+

finally Halving is completed so this is very Good For Long term Bitcoin Investor.

Soon I will update for Long term All Time High chart of Bitcoin .

What TA says.?
according to TA I already told you to exit at $9840 and also think still bearish .
but we can see one spike before Dump.
So according to TA I am Bearish but short term spike posible till $9371.

Support: According to TA we can see 200MA is working very good Support and yesterday two Time strong bounce from 200MA.
so this is good support and keep in mind if this break down then we can see $7450 also.
and also Long trend line also working good.
yellow trend line .
so keep in mind this two support is very Important. ( Yellowfins line And 200 MA.)

Resistance: There are two resistance is good.
first resistance is $9031 and 2nd Resistance is $9371.

What do now..?
if you followed my last analysis I told you exit point and still waiting for good entry point.

but now 10-14 days we can see in $8300-$9300 Range.
so you can trade scalping in this range short time.
So I am waiting for best entry.
if BTC break down $8350 then I can see big drop .

Stop Loss..?
Why I recommended all time use stop loss?
because your Fund is your hard earned money so keep it safe.
never gambling and never trade blindly .
open any trade after confirmation even long or short.

Guys you know My hard work so
Please Click LIKE button for appreciate me.
And Also Plz Drop Comments if You have any Quarry I will try To solve as soon as posible.

Hearty Thank you so much in Advance I need more Support in this Post Also.

and Must Follow me for Latest cryptocurrency Real Time Updates.

Thank you so much Again.

And guys You Can share your IDEAs also in Comments Box.

Thank you guys.

Please Read My Link Post I will Told you about this Drop .

Trade active:

BTCUSD now Surfing at resistance level.

$8800/$9041 is Short term resistance.

and $9371 is also Big resistance.

so keep an eye on chart.

Support: $8310/$7650

Guys you know My hard work so
Please Click LIKE button for appreciate me.
And Also Plz Drop Comments if You have any Quarry I will try To solve as soon as posible.

Hearty Thank you so much in Advance I need more Support in this Post Also.

and Must Follow me for Latest cryptocurrency Real Time Updates.

Thank you so much Again.

And guys You Can share your IDEAs also in Comments Box.

Thank you guys.

Please Read My Link Post I will Told you about this Drop .

Trade active:

BTCUSD Update LTF:

BTCUSD now Looks bearish pennants so I am bearish but wait for breakout .
if breakout upward side we can open long and our Target would be $9300-$9500.

but if break down then our Target would be $7748.

Support: $8600 ( if break down and any candle 15 minuts, 30 minuts close bellow $8600 then we can open short position with Target $7750.

But if breakout upward and candle close above $8925 then I will open long.

so wait for confirmation .

Please Click LIKE button for appreciate me.
And Also Plz Drop Comments if You have any Quarry I will try To solve as soon as posible.

Source: tradingview.com

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