BTC daily review: No follow up buys on Bitcoin
**Welcome to daily Bitcoin review**
So no follow up buys after big
BTC green candle, maybe bulls waiting for some retracement
I have always seen these sudden news based pumps die down but let's see how it works out in next couple of days.
Btc is clearly under resistance, so no need to celebrate anything yet
For me bullish scenario is flip 33.2K resistance andBTC goes to 40K
RSI is still under resistance and below 50 area
We can still buy the retracement towards $30-31K area with SL below the 29.3K level
and add to our position when it goes above 33.2K area
I will be ready, happy trading!
#Bitcoin #Crypto
BTCUSD
So no follow up buys after big
BTC green candle, maybe bulls waiting for some retracementI have always seen these sudden news based pumps die down but let's see how it works out in next couple of days.
Btc is clearly under resistance, so no need to celebrate anything yet
For me bullish scenario is flip 33.2K resistance and
BTC goes to 40KRSI is still under resistance and below 50 area
We can still buy the retracement towards $30-31K area with SL below the 29.3K level
and add to our position when it goes above 33.2K area
I will be ready, happy trading!
#Bitcoin #Crypto
BTCUSD
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.