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Bitcoin's situation LONG OR SHORT
Bitcoin
Bitcoin's situation LONG OR SHORT
By SynergyTradingSetups
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Updated
Aug 7, 2023
1
Aug 1, 2023
BTC has just perfectly held the level we have mentioned 1000s of times - 28'800 - and now looks to head towards the previously held support.
We are looking for Bitcoin to break above and backtest it as support before heading to the next resistance.
Btc is also showing classic bullish divergence on the 4h and Daily MacD.
https://www.tradingview.com/x/UKFu7ZpL/
Aug 7, 2023
Note
BTC Held support again today with a bullish engulfing candle on the 4h time frame. Looking good for upside.
Bitcoin (Cryptocurrency)
BTC
Bullish Patterns
Chart Patterns
Harmonic Patterns
LONG
NOW
Trend Analysis
SynergyTradingSetups
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