BTC Bouncing off 2021 Support Line
BTC having a hard time breaking resistance of downward slope from previous ATH.
Multiple lines of support converging at $53,300
BTC will likely break multiple resistance lines this week making way for a huge breakout considering all the positive news that hasn't reflected in the price recently.
Also looks like 4h MarketCipher buy signal should be coming up around the same time, but that's just a wild guess.
Multiple lines of support converging at $53,300
- [* ] bottom of 2021 channel
[* ] resistance line broken through since ATH
[* ] fib retracement support
BTC will likely break multiple resistance lines this week making way for a huge breakout considering all the positive news that hasn't reflected in the price recently.
Also looks like 4h MarketCipher buy signal should be coming up around the same time, but that's just a wild guess.
Trade active
The downward movement has begun.Limit orders set $54,200 & $53300
Trade active
Didn't think my call would execute so perfectly.We're about to hit $54,200 where I'll be buying a little and then I'll be really loading up between $53,300 and $53,000
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