Long

Updated

Bitcoin support and resistance

BItcoin support and resistance currently in uptrend any dip to support with positive price action one can go long.30500 is minor hurdle once breaks it above witll test next resistance levels 31000 to 31500 and 32000.

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you can use that red dashed line area as support line once breaks abpve it

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Strong rejection at ressistance area 30500 area .

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At crucial support now any voilation of current support price will drop into chop zone again.

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As mentioned it is in chop zone now.

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27400 above long option stop loss swing low targets of 28000 to 28200

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27400 above long trigered

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260 points up now

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400 points given still respecting the entry level if anyone missed enter eariliea can enter at same level again

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first target almost done 2 points away

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Trade closed: target reached

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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.

Also on:

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.