Price is still staying between $32800-$33000 (key level, also covered in update sent 3 days ago) Very important level, if it breaks down from here, then Badi picture Part 2 can happen(not 100% sure, but most likely). More update on my return.
Seeing the price action, not sure for long ( hours, days) bulls can defend this zone. Would be interesting to watch.
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Family, there was a small jump from ascending triangle support and then BTC broke down (most likely to eat stops). That support and EMAs above it can act as resistance and this is what I think can happen now. In any case confirmation is needed - https://www.tradingview.com/x/p8nPeM9o/
ADA ka mausam short ka hai around Resistance Zone se ya uske aas paas - Stop Loss Can be around $1.51 (Mental STOP LOSS is better if you can monitor your trade.) Not A Financial Advice - Your Trade Your Responsibility. https://www.tradingview.com/x/2VXFRfuU/
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Nice initiative by CoinDCX to promote Crypto Education. We must support.
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ADA ka mausam short ka hai around Resistance Zone se ya uske aas paas - Stop Loss Can be around $1.51 (Mental STOP LOSS is better if you can monitor your trade.) Not A Financial Advice - Your Trade Your Responsibility. https://www.tradingview.com/x/2VXFRfuU/
ππΌ Similiar rising wedge was formed in BTC as well and it broke down hard
BTC got rejected from the area we discussed in Live - https://www.tradingview.com/x/zFz9m64C/
Also, this is how it broke down - https://www.tradingview.com/x/idhiVq3s/ Rising Wedge rejection from resistance ππΌ
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https://www.tradingview.com/x/xnmXm0FY/
Seems like this old chart from June 29th is still valid. Let me send how it looks now and at what point we got support.
This is where price got some support for now. Check Yellow Arrow. I will go through charts now and will share new charts today (under 2 hrs)- https://www.tradingview.com/x/HwlAJJkD/
Chart is ready, Will send here before live and explain in today's live! π
For who cannot wait, observe 31660 area. Rest in today's Live. Don't miss it
We will talk about this critical chart in today's live https://www.tradingview.com/x/hQczPxj9/