BTC/USD analysis and Suggestions its very helpful for crypto traders

BTC ANALYSIS THIS IS HELPFUL FOR TRADERS

MAIN POINTS:

1- Coin was extremely overbought and was out of the upper limit of Bollinger band which suggests, a pullback back to the range was inevitable.

2- RSI was also extremely overbought and had to come back in range.

3- Coin has entered in range, and took solid support at median line of BOLLINGER BAND and also the support level of pitchfork.

4- RSI also approaching towards median line which may provide a solid support.

5- Coin formed a PIN BAR (sign of rejection) at median line earlier, which shows a STRONG SUPPORT LEVEL around $8500 - $9500.

6- I will add my funds in BTC around $ 9500 assuming stoploss closing of ONE DAY CANDLE below $ 7500 and target $ 18000.

FOR DAY TRADERS

📌T..A BTC/USD

🔵Expecting BTC will bounce AROUND 11k area .

🔵If BTC didnot bounce AROUND an area of 11k we may face BLOOD BATH🏮

🔵HOLD ONLY STRONG F.A ALTS COINS .
✌💹#NOTE
"Dont sell any ALT COIN FUD WILL BE CLEAR In 2 DAYS & STRONG ALTS WILL BOUNCE BACK".

🔵 COIN MARKET CAP CONTINOUSLY FLUCTUATING BETWEEN 51 -55 BILLION ZONE.

TOP VOLUME

GOODLUCK..!