Bitcoin has to stay on the MA which
will give us a nice conformation of an uptrend again.
As you can see - yellow line is where the MA is sitting right now
Red line is the Support which might get retested - once that hold we should see a nice uptrend.
Green line is the 200 MA which would be our target for the next months if we can hold all the support lvls.
TO be honest I would enter a trade right now... its just too risky.
Stay out - wait until the storm is over and then go in with a nice save buy in zone!
As you can see - yellow line is where the MA is sitting right now
Red line is the Support which might get retested - once that hold we should see a nice uptrend.
Green line is the 200 MA which would be our target for the next months if we can hold all the support lvls.
TO be honest I would enter a trade right now... its just too risky.
Stay out - wait until the storm is over and then go in with a nice save buy in zone!
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.