Habib0601

BTC levels

BYBIT:BTCUSD   None
We broke back into the 1.786 of the fib channel (last idea) after consolidating below it for an entire day yesterday.

Levels to be aware of :
- Resistance : VAH (38k)
39.6k (which if we break, would be a first sign of a bottom being put in according to an EW count)
POC (41.9K)
Weekly (43k)

- Support : Very locally we have 36.2-36.5k
Then we have around 35.2k
If we lose those levels we could see a larger drop

So be aware of all those levels and watch the reaction to take trades.

Any questions?

Good luck traders
Remember not to break your rules

Habib



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