BTC is holding the black trendline support.
It is highly likely to stay on this level and bounce.
if it doesn't and closes below 35D MA (This one is one of my secrets that I am sharing with you all.)
THE 35D MA works like a charm in 2 hour chart for long and short entries.
It can be very useful for scalping BTC.
So coming back to the chart. If price closes below this MA. Below $54,300. BTC may reach the 52k level (Scenario 2 ) bouncing off the neckline of the head and Shoulders pattern.
So look for entries on both levels, $51500 fo $54600.
If you haven't opened long yet.
Do hit the like button if you like this update and share your views in the comment section.
Trade safely
#PEACE
It is highly likely to stay on this level and bounce.
if it doesn't and closes below 35D MA (This one is one of my secrets that I am sharing with you all.)
THE 35D MA works like a charm in 2 hour chart for long and short entries.
It can be very useful for scalping BTC.
So coming back to the chart. If price closes below this MA. Below $54,300. BTC may reach the 52k level (Scenario 2 ) bouncing off the neckline of the head and Shoulders pattern.
So look for entries on both levels, $51500 fo $54600.
If you haven't opened long yet.
Do hit the like button if you like this update and share your views in the comment section.
Trade safely
#PEACE
Trade active
Perfect as I can say.
See how accurate 35D MA works?
Start using this indicator before this one goes public and every Tradingview author starts posting 35D MA charts. Haha
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BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
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Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.