BTCUSD Made several fake and golden and death crosses a which are good indicator on trading analysis. Another mini golden cross is approaching towards date 26, which might see us retest $9300-$9800 again.
It will be a mini Golden cross because for a real bull market to begin it needs to break the $10,000 resistance again which is still far at the moment.
Before BTC going bearish it will test it’s partial support level $9008 with a range to $9200 at and that could be the right entry if you want to take a long for this period. I’m going for 3 targets for the short at $9598, &9744 and $9903 by 31st of may.
You support on this analysis will be appreciated friends.
It will be a mini Golden cross because for a real bull market to begin it needs to break the $10,000 resistance again which is still far at the moment.
Before BTC going bearish it will test it’s partial support level $9008 with a range to $9200 at and that could be the right entry if you want to take a long for this period. I’m going for 3 targets for the short at $9598, &9744 and $9903 by 31st of may.
You support on this analysis will be appreciated friends.
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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.