(BTCUSD 1D) The Good The Bad The Ugly
Bitcoin Is either going to continue down to $40,000 or $30,000. If we don't get a bounce and try to reclaim the $53,000 level from a bounce off one of these zones we're Phucked THAT SIMPLE.
KEY ZONES:
LOCAL SUPPORT - $40,000
MORE SUPPORT - $30,000 ( GOLDEN FIB LEVEL .618)
RESISTANCE - $53,000
If price finds 40k we will look for a bounce, If it breaks down and hold 30k then we will look for a bounce.
We're gone if price closes below 30k and retests and continues down.
Happy days Traders
KEY ZONES:
LOCAL SUPPORT - $40,000
MORE SUPPORT - $30,000 ( GOLDEN FIB LEVEL .618)
RESISTANCE - $53,000
If price finds 40k we will look for a bounce, If it breaks down and hold 30k then we will look for a bounce.
We're gone if price closes below 30k and retests and continues down.
Happy days Traders
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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.
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.