Bitcoin
Long

₿ Bitcoin continuation of growth ₿

409
₿ Bitcoin continuation of growth

₿ Nearest strong support zone: around the 0.236 fibo level of the upward wave.

₿ Nearest strong resistance zone: around recent highs.

₿ Technical environment:

📊 Moving averages: Uptrend

📊 MACD: Uptrend

📊 RSI: Uptrend

₿ Price action: Bitcoin has broken out of the 21.5k area to new highs. With this, he gave a signal for a strong desire to continue rising. It looks like we could see a continuation of the upward movement over the next weeks. I do not expect any major corrections at current levels

📈 The scenario I'm playing is the continuation of the increases. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile. 🚀

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.