Hi, 2 days ago we broke the resistance $58000 and we did a big move up to near $62000. Now we have to backtest $58000 to check if the support level holds. We are in a bullish momentum + the RSI is near 70 and if the support level $58000 holds, then it is indicating that we are going up much higher, so it is a BUY opportunity. So be patient and don't panic.
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.