according to order flow, we need a retracement to give extra income for bitcoin to break out of this level bitcoin reversal price is important to decide on bitcoin next route.
If the price can engulf 51572$ we can see uptrend continuation after a retracement to 40000$ area.
🔴Two important decision areas are mentioned with the red circles.
💡💡 This Idea will update after the next movement of bitcoin.
If the price can engulf 51572$ we can see uptrend continuation after a retracement to 40000$ area.
🔴Two important decision areas are mentioned with the red circles.
💡💡 This Idea will update after the next movement of bitcoin.
Note
Trade closed: target reached
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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.