BTC/USD (17.3k Dollars: Strong Support?)
💎Technical Analysis Summary💎
BITSTAMP: BTCUSD
-Buyers are aggressively bought the dip for the 3rd time
-We can see a Bullish rejection candle at a 17.3k dollar area
-BTC manages to get above the 0.5 Fib level which is a good sign of strength
-I'm expecting Bitcoin to consolidate in the next 24-48 hours
-If we want BTC to continue higher, it must not go below 17.6k to paint a strong consolidation
-But always be careful and have a stop loss in place in case of unexpected movement
-Let us see if the Altcoin market can recover a little during this minor sideways trading
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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!😊💕💖
``````````````````````````````````````````````
BITSTAMP: BTCUSD
-Buyers are aggressively bought the dip for the 3rd time
-We can see a Bullish rejection candle at a 17.3k dollar area
-BTC manages to get above the 0.5 Fib level which is a good sign of strength
-I'm expecting Bitcoin to consolidate in the next 24-48 hours
-If we want BTC to continue higher, it must not go below 17.6k to paint a strong consolidation
-But always be careful and have a stop loss in place in case of unexpected movement
-Let us see if the Altcoin market can recover a little during this minor sideways trading
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.