Hey guys Hope everyone is doing well, Here is an small upda | The Panda Whales®

Hey guys

Hope everyone is doing well,

Here is an small update on (BTC)


Short-term: Bullish
Mid-term: Bullish



Over all we have started the week with an strong support line on weekly chart (42200 to 42500) in which usually buyers will set their positioning for long positions and sellers do wait for short in case of lower 42k support breakout or closing on 4H and daily canndel. As we have seen since last week 42k has profited us greatly and once again we are waiting to see the same outcome, however, we shall wait for 4H and daily canndel to be closed to take action upon (BTC), from this point on if the 4H and daily canndel closed below 42k we are expecting next support line which is 38500 to take action upon. Keep in mind we must be extremely careful on our positioning and open positions at this times in case of market shows otherwise, make sure to have your stop-losses on and your positions secured. At panda whales we care to share every detail with you all.


Stay profitable and safe

Best of luck.


Panda Whales
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