BTC/USD (Rejected 200MA? > Retest 10k strong support?)
Updated
đź’ŽTechnical Analysis Summaryđź’Ž
BITSTAMP: BTCUSD
-Bitcoin rejected at 200M dynamic resistance
-Plus the old support turned new resistance today
-If we can see follow-through by the Bears
-BTC is likely to retest previous support at 10.1k range
-Currently on the short term, Bears have access in the market
-Let's wait and see how BTC will react at low 10k strong support
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Not Financial Advice
Please Exercise Risk Management
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Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
BITSTAMP: BTCUSD
-Bitcoin rejected at 200M dynamic resistance
-Plus the old support turned new resistance today
-If we can see follow-through by the Bears
-BTC is likely to retest previous support at 10.1k range
-Currently on the short term, Bears have access in the market
-Let's wait and see how BTC will react at low 10k strong support
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
Note
Trade idea is invalidated - BTC broke above 200MA on 4H chart
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