Bitcoin has broken down this trendline shown and retested - suspected area is 58,850 to 59,100
This shows me an early indication that we will see this zig zag pattern take place.
59,000 to 34,500 - 35,000
35,000 likely to rise from there and retest larger bearish breakdown at 43,000
Rejection at 43,000 means short to 10,000
I carry NO BIAS as a trader. I could care less about Bitcoin and what it is. That’s why I trade this asset.
Happy trading
This shows me an early indication that we will see this zig zag pattern take place.
59,000 to 34,500 - 35,000
35,000 likely to rise from there and retest larger bearish breakdown at 43,000
Rejection at 43,000 means short to 10,000
I carry NO BIAS as a trader. I could care less about Bitcoin and what it is. That’s why I trade this asset.
Happy trading
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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.