Long
BIT is ready for the next upwards move!
Hey guys, a small and easy update on BIT. The primary trend was till beginning of januari downwards. After that we saw a great rally. So whats next?
- The price is moving above the 200 EMA. That could act as support.
- After weeks we finally broke the 0,60 resistance.
- We could see higher levels when we break 0,65.
- Volume is decreasing what indicates for a big move in the upcoming weeks.
Do you like my update? Give me a like and follow me to be updated!
Happy trading!
- The price is moving above the 200 EMA. That could act as support.
- After weeks we finally broke the 0,60 resistance.
- We could see higher levels when we break 0,65.
- Volume is decreasing what indicates for a big move in the upcoming weeks.
Do you like my update? Give me a like and follow me to be updated!
Happy trading!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.