Bitcoin Important levels to watch 💥
Hello trading army I hope everyone is doing good and taking care of themselves 😇
Today let's talk about the Giant itself Bitcoin the great
Bitcoin is currently trading in Uptrend on 4hr timeframe, price action wise trend is looking good but only concern I have is volumes are missing 🧐
volumes play very important role in trend and they should not be ignored.
okay now lets talk about the levels , major support for bitcoin is currently at 55753 to 55400 zone. if bitcoin's break this we can expect change in trend and another leg down till 52800-52400
If you want to participate in current trend look for entry above 59000 , or you can add on pullbacks on trendline
Thats all from my side thank you 😇
Today let's talk about the Giant itself Bitcoin the great
Bitcoin is currently trading in Uptrend on 4hr timeframe, price action wise trend is looking good but only concern I have is volumes are missing 🧐
volumes play very important role in trend and they should not be ignored.
okay now lets talk about the levels , major support for bitcoin is currently at 55753 to 55400 zone. if bitcoin's break this we can expect change in trend and another leg down till 52800-52400
If you want to participate in current trend look for entry above 59000 , or you can add on pullbacks on trendline
Thats all from my side thank you 😇
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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.
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.