Bitcoin has lost virtually all of yesterday's gains. Assuming we're still in a mid-term uptrend, now might be a great time to step into the market again.
As seen on the chart, BTC is currently trading inside a short term bullish channel. Seeing that the price is currently consolidating around the bottom, this might be a signal that the support is holding. Wait for confirmation of the reversal before entering a trade.
In case of a bounce, I'm expecting BTC to get back to >35k in the next day or so.
As seen on the chart, BTC is currently trading inside a short term bullish channel. Seeing that the price is currently consolidating around the bottom, this might be a signal that the support is holding. Wait for confirmation of the reversal before entering a trade.
In case of a bounce, I'm expecting BTC to get back to >35k in the next day or so.
Note
Support didn't hold, price fell right through it. Trade cancelled.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.