BTC/USD (Bullish Rejection @ 1H TF 50ma Dynamic Support)
💎Technical Analysis Summary💎
BITSTAMP: BTCUSD
-The Bulls defended the 50ma on the 1hr time frame
-We saw the price rejecting the dynamic support area
-This zone is also a confluence of previous resistance
-If we want the market to continue its strong uptrend
-It must go back above the 0.5 Fib level area
-And retest the recent top at 18.9k dollars
-A 2nd retest may give the Bulls a chance to break the 19k dollars resistance
-And hopefully hit the All-Time High record last 2017
-Please do not FOMO and always plan your trade before execution
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BITSTAMP: BTCUSD
-The Bulls defended the 50ma on the 1hr time frame
-We saw the price rejecting the dynamic support area
-This zone is also a confluence of previous resistance
-If we want the market to continue its strong uptrend
-It must go back above the 0.5 Fib level area
-And retest the recent top at 18.9k dollars
-A 2nd retest may give the Bulls a chance to break the 19k dollars resistance
-And hopefully hit the All-Time High record last 2017
-Please do not FOMO and always plan your trade before execution
A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
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.