As you can see, price has reached a very nice previous level of resistance turned support, also lining up with a very clean rising trendline. Not the most bullish person on bitcoin, but i trade what i see, although i do see potential for one more push to break all time highs. If the trendline fails, we re-evaulate and look for sells upon a retest. Very good RR, can be refined on lower timeframes
Note
not taken
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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.