Welcome to this quick update, everyone.
Although BTC is holding the $29k level quite strongly it needs to get above the trading range to rally towards upper targets, $32k, and $35k. (I know you know this already!)
Lower support is around $28k and resistance is around $30.8k.
We have already seen a fakeout (the red circles)!
I've shown the expected move in the chart, let's see how it goes.
For scalpers:- The long level is around $29,280 with SL below $28670 with a target of $32k.
*Not financial advice.
DYOR.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
Although BTC is holding the $29k level quite strongly it needs to get above the trading range to rally towards upper targets, $32k, and $35k. (I know you know this already!)
Lower support is around $28k and resistance is around $30.8k.
We have already seen a fakeout (the red circles)!
I've shown the expected move in the chart, let's see how it goes.
For scalpers:- The long level is around $29,280 with SL below $28670 with a target of $32k.
*Not financial advice.
DYOR.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
Trade active
In the last BTC chart, you might see another picture but failing to get above $32k resistance, multiple times is not good for BTC.
The bulls need to do this soon.
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Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.
Daily Signals:- telegram.me/thecryptorphic
Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.