Hi everyone
the price right now is playing at a very important key resistant level up and down
if the key level 47500$ can not hold BTC price will drop where?...
most likely it can test the long term trend line (blue line) on my chart or 45500$
support level before starting another impulsive movement upward.
so right now our important support level is around 45K and it's important to hold.
if not and price keeps playing around 47500$ can keep moving upward.
in total view we are still in up trend. so any drop is just a correction wave.
the price right now is playing at a very important key resistant level up and down
if the key level 47500$ can not hold BTC price will drop where?...
most likely it can test the long term trend line (blue line) on my chart or 45500$
support level before starting another impulsive movement upward.
so right now our important support level is around 45K and it's important to hold.
if not and price keeps playing around 47500$ can keep moving upward.
in total view we are still in up trend. so any drop is just a correction wave.
Trade active
our short term drop happened as expected, it is important the support trend line hold the price upward.Trade active
price pulled back from the trend line of my chart as expectedTrade active
still this strategy base is active. price bounced above our support area again
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.
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.