Btc Emergency update
Few hour ago btc break the 39550 resistance level and rise upto 40200 and our stop loss for last trade was hit but our trade is still in play
let me make it easy for you
Btc rise uptop 40200 3 times and all 3 times it got rejection now it seem to be strong resistance
After touching resistance price start falling and its going toward 39550
Now here are two scenarios
Scenario 1: Btc touch around 39550 and maintain this level s support and reject to go further down then it will be bullish signal and price will go up upto 40200 for retest of this resistance
Scenario 02: Price will fall below 39550 and hourly candle close below this level it will start bearish signal and it will go down upto 38600 where strong support is present
Take trade accordingly as shown in picture as soon as possible
