BTCUSD seems to be close to a daily support zone as well as a demand zone. I Have a strong feeling that it will go back up to the supply zone some time today.
If you take this trade, be vary careful as we are very well below the 50 MA, we are still below it. The 50 MA is usually a strong support/resistance zone so trade carefully.
If you take this trade, be vary careful as we are very well below the 50 MA, we are still below it. The 50 MA is usually a strong support/resistance zone so trade carefully.
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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.