#BTC☀
BTC UPDATE:
BTC is trading above 88,000, and buying volume is gradually increasing. Candles are also crossing EMAs to the upside with good strength.
Based on technical analysis, BTC can make a decent temporary upside move up to the two supply zones mentioned above. However, overall, BTC is bearish and will likely retest the [82,663 - 83,900] level.
For Entry:
If BTC gives downside confirmation somewhere within the first supply zone [88,945 - 89,775], then short positions can be opened with targets down to 84,000. However, if it breaks through the first supply, then a solid short setup will form at the next supply zone [90,791 - 91,812].
PUBLISHED BY: [ FLASHTICKS ]
