Bitcoin - currently trading 47 000USD.
Nice reaction from support on 44k. Bitcoin is still in rising wedge, so it could go more up until lower trendline breaks.
Setup with target 53k and SL below 43 500USD makes sence.
Resistance - 47 500 - 49 000 - 53 500
Supports - 44 500 - 42 000
Nice reaction from support on 44k. Bitcoin is still in rising wedge, so it could go more up until lower trendline breaks.
Setup with target 53k and SL below 43 500USD makes sence.
Resistance - 47 500 - 49 000 - 53 500
Supports - 44 500 - 42 000
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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.